Average house price continues to fall – e.surv

By: ameer@trustedteam.com

The average house price fell by £814, or -0.2%, in May 2023, according to the latest price index from e:surv. It is the fifth month in succession in which the...

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CHL reintroduces 5-year fixed rate deals

By: ameer@trustedteam.com

CHL Mortgages has added a suite of 5-year fixed rate products to their mortgage range to complement the recently launched 3-year tracker and lifetime tracker products. Interest rates on the...

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Q&A: Top lenders on where mortgage tech stands in 2023 

By: ameer@trustedteam.com

This year’s down market has shifted what mortgage lenders are seeking from their technology partners, because the spare dollars for nice-to-haves are no longer around. The booming housing market...

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Continued fall in house prices – e.surv

By: ameer@trustedteam.com

The average house price fell by £814, or -0.2%, in May 2023, according to the latest price index from e:surv. ...

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Nationwide offers 95% LTV on non-new build flats

By: ameer@trustedteam.com

Nationwide Building Society will return to lending at 95% LTV on non-new build flats. ...

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The shortage of houses is hitting some people and areas harder than others

By: ameer@trustedteam.com

The supply of homes for sale in the U.S. is about half of what it was in 2019. The shortage is hitting some buyers more than others, based on income...

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Five issues to watch when Chopra goes to Congress

By: ameer@trustedteam.com

Rohit Chopra, the director of the Consumer Financial Protection Bureau, will be testifying before Congress next week on a wide range of issues from credit card late fees to...

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Home equity declines for the first time in over a decade

By: ameer@trustedteam.com

U.S. home equity declined for the first time in 11 years, but the downward trend could be short-lived, according to new data from CoreLogic.The amount of equity among homeowners...

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HSBC and Saffron withdraw mortgage deals

By: ameer@trustedteam.com

HSBC has temporarily withdrawn all residential and buy-to-let mortgage deals for new borrowers, effective immediately. The lender says the decision reflects the challenges faced by the UK lending market and...

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Crest Nicholson talks of tough times as profits slump

By: ameer@trustedteam.com

Crest Nicholson reports a 60% fall in pre-tax profits for the half year. ...

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