NatWest downgrades forecast amid lower mortgage margins

By: ameer@trustedteam.com

NatWest posted profit up 18% to £1.3bn in the three months to September, but downgraded its outlook for the year, as the mortgage market eased and customers shifted to...

Read More

Skipton BS renames JBSP mortgages as Income Booster home loans  

By: ameer@trustedteam.com

Skipton Building Society will rename its Joint Borrower Sole Proprietor loans as Income Booster mortgages in a bid “to simplify” house purchases for first-time buyers.   ...

Read More

Skipton BS rebrands JBSP loans as Income Booster mortgages  

By: ameer@trustedteam.com

Skipton Building Society will rename its Joint Borrower Sole Proprietor loans as Income Booster mortgages in a bid “to simplify” house purchases for first-time buyers.   The mutual says the...

Read More

TAB hires BDM and underwriter to boost northern footprint 

By: ameer@trustedteam.com

TAB has hired a senior business development manager and a commercial underwriter to boost the property finance firm’s footprint outside London and the M25.  Martyn Evans (pictured) joins as senior...

Read More

Builders enjoy a world of sub-6% mortgage rates

By: ameer@trustedteam.com

While existing homebuyers have been battling high mortgage rates for months — which are now at 8% — the builders are wooing buyers with lower rates and incentives. Today,...

Read More

Challenges aside, mortgage leaders see benefits in offering SPCPs

By: ameer@trustedteam.com

While lack of affordability still plagues the housing market, mortgage and housing leaders are looking for ways to address racial wealth disparities; special-purpose credit programs are often touted as...

Read More

Third of BTL landlords looking to expand portfolios

By: ameer@trustedteam.com

Three in 10 (32%) buy-to-let landlords intend to buy property in the next 12 months. This is according to Landbay’s latest survey which also revealed that almost four out of...

Read More

YBS Commercial Mortgages hires two South East relationship directors   

By: ameer@trustedteam.com

YBS Commercial Mortgages has recruited two new relationship directors who join its South East team as the unit completes its recruitment drive.    Yorkshire Building Society’s commercial loans operation says...

Read More

House prices to fall by 4% in last quarter of 2023

By: ameer@trustedteam.com

House prices in England and Wales look set to fall by 4% over the final quarter of 2023, according to the latest conveyancing data.  Analysis of over 221,000 agreed sale...

Read More

YBS Commercial Mortgages appoints two South East relationship directors   

By: ameer@trustedteam.com

YBS Commercial Mortgages has recruited two new relationship directors who join its South East team as the unit completes its recruitment drive.    ...

Read More