Rents drop 11% as summer heat subsides

By: ameer@trustedteam.com

The lettings market saw a dip in rental prices in October, following three months of rapidly escalating prices across England. According to the latest Goodlord Rental Index, the average rent...

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Landbay and Keystone offer range of sub-5% landlord rates 

By: ameer@trustedteam.com

Landbay has cut its landlord rates by up to 20 basis points starting at 4.09%, while Keystone Property Finance offers sub-5% investor loans after reducing its standard and specialist...

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Scottish Widows pulls out of resi, remo markets to focus on later life lending  

By: ameer@trustedteam.com

Scottish Widows Bank will pull out of the house purchase and remortgage markets to focus on equity release loans later this month.   The lender, which is part of the...

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HMRC figures show transactions falling 19% year on year

By: ameer@trustedteam.com

The provisional non-seasonally adjusted estimate of the number of UK residential transactions in September 2023 is 92,600, 19% lower than September 2022 and 2% lower than August 2023. This is according...

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Advisers see rise in protection conversations post Consumer Duty

By: ameer@trustedteam.com

As many as 40% of adviser firms have experienced an upturn in protection conversations with customers since Consumer Duty was brought in, according to the Association of Mortgage Intermediaries...

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Fannie Mae reveals Q3 results

By: ameer@trustedteam.com

Of the roughly 159,000 multifamily rental housing units financed by the enterprise in Q3, a sizeable majority were affordable to households earning at or below 120% of area median...

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Ameris Bank taps industry veteran to head homebuilder division

By: ameer@trustedteam.com

Before Ameris, McWilliams spent over 15 years at Fidelity Bank as senior vice president. He also held other leadership roles early in his career, including market president at Park...

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Cenlar FSB names new president and acting CFO in strategic leadership update

By: ameer@trustedteam.com

Cenlar FSB has revealed some changes in its executive lineup. David Schneider, previously chief financial officer, has been promoted to president. Meanwhile, John Mezzasalma, senior vice president of finance,...

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“Hometown Heroes” come to the rescue amid market slowdown

By: ameer@trustedteam.com

“Education literacy for everyone,” she said when asked for an area ripe for focus. “I think that’s something that, as a broker community, we could definitely push more for...

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Mortgage boom coming – what should be your priorities?

By: ameer@trustedteam.com

Devoted to AIME Shelton is an active member of AIME, including acting as a “state captain” for her home state of Michigan. Earlier this year, AIME launched the program comprising...

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