Inflation sticks at 8.7% in May, prompts fears of higher rate rise 

By: ameer@trustedteam.com

Consumer prices rose by 8.7% in the year to May, unchanged from the previous month, data from the National Office for Statistics shows, prompting fears of a higher base...

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ONS HPI points to further rebalancing

By: ameer@trustedteam.com

The latest ONS House Price Index, shows that average UK house prices increased by 3.5% in the 12 months to April 2023, down from 4.1% in March 2023. MD of...

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Fall throughs lowest since pre-pandemic boom

By: ameer@trustedteam.com

The number of property transactions estimated to have collapsed across the UK market has continued to decline during the first quarter of this year, falling to the lowest quarterly...

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Stamp duty receipts tumble to £2.4bn: HMRC  

By: ameer@trustedteam.com

Stamp duty tax receipts for April and May came in at £2.4bn, data from HMRC shows, a fall of £1.1bn on the same period a year earlier.    The official...

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Belton to replace Murphy as MAB head of lending

By: ameer@trustedteam.com

Mortgage Advice Bureau has confirmed that Danny Belton is to replace Brian Murphy as head of lending at the brokerage. Murphy is set to retire at the end of August,...

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Hawaii doubles Homeowner Assistance Fund benefit

By: ameer@trustedteam.com

Hawaii updated its Homeowner Assistance Fund program this month, doubling the maximum amount available and loosening requirements to open up benefits to more households.The newly revised program, which was...

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Jewish Lending Institute launched to cater for kosher loans  

By: ameer@trustedteam.com

The Jewish Lending Institute has been launched to cater for the growing demand for kosher loans among Jewish borrowers.   ...

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Gove backs 25-year mortgage deals

By: ameer@trustedteam.com

Michael Gove has thrown his weight behind long-term fixed-rate mortgages that run for up to 25 years.    ...

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Fleet offers £1k cashback for upping EPC levels

By: ameer@trustedteam.com

Fleet Mortgages is introducing a limited edition product feature which will reward landlord borrowers with a £1,000 cashback payment if they improve the Energy Performance Certificate (EPC) level of...

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The Cambridge joins SimplyBiz Mortgages lending panel  

By: ameer@trustedteam.com

The Cambridge Building Society has joined the SimplyBiz Mortgages lender panel.   ...

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