Santander chief customer officer for homes Pearce leaves lender  

By: ameer@trustedteam.com

Santander chief customer officer for homes Tracie Pearce has left the bank.   ...

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September slump: Multifamily rent growth retreats amid economic pressures

By: ameer@trustedteam.com

Read more: Surviving a financial crisis – a primer The report attributed this decline to a combination of factors, including the depletion of the post-pandemic surge in household savings and...

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Virgin launches remo exclusives, cuts rates by up to 21bps 

By: ameer@trustedteam.com

Virgin Money has launched new residential loans and made selected cuts of up to 21 basis points, while withdrawing a range of remortgage exclusive deals.  Highlights of the lender’s new deals...

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Average 2-year fixes fall below 6%: Rightmove  

By: ameer@trustedteam.com

The average two-year fixed-rate home loan fell below 6% for the first time since June, according to Rightmove.   The two-year rate hit 5.92%, down from 6.09% a year ago,...

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Housing rate freeze a brake on investment in homes to rent: NRLA

By: ameer@trustedteam.com

The ongoing freeze on housing benefit rates is a “travesty” that needs reversing immediately, the National Residential Landlords Association (NRLA) has warned. The view was expressed by the NRLA’s policy...

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Nottingham BS adds 12 new resi products, includes sub-5% loans 

By: ameer@trustedteam.com

Nottingham Building Society has launched a suite of a dozen residential mortgage products, including a sub-5% home loan.  Highlights of the mutual’s new offers include:  Sub-5% five-year mortgages that “give borrowers...

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Saffron increases max loan size on resi and self-build products

By: ameer@trustedteam.com

Saffron for Intermediaries has raised the maximum loan size on its self-build large loan and residential large loan products. Firstly, Saffron has lifted the maximum loan size to £4m (up...

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  Buy-to-let mortgage rates outstrip rents, study finds

By: ameer@trustedteam.com

Buy-to-let mortgage rates have outstripped rents despite a rental price growth of 9.9% across the UK, study finds. The research from lender Octane Capital, found that the gap between mortgage...

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Nottingham BS launches 12 new resi products, adds sub-5% loans 

By: ameer@trustedteam.com

Nottingham Building Society has launched a suite of a dozen residential mortgage products, including a sub-5% home loan.  ...

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Redwood offers green landlords up to 50bps cashback on new deals  

By: ameer@trustedteam.com

Redwood Bank will offer portfolio landlords who already have energy performance certificate ratings of A to C, cash refunds of up to 50bps on new loans on properties in...

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