FTB numbers to fall 426k over next five years: Leeds BS

By: ameer@trustedteam.com

A new report by Leeds Building Society forecasts that up to 426,000 first-time buyers in England will be priced out of the UK housing market between 2023 and 2027,...

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Hampshire Trust Bank appoints Grewal as specialist mortgages BDM for the City  

By: ameer@trustedteam.com

Hampshire Trust Bank has hired Serena Grewal as business development manager for the City of London in its specialist mortgages division.   ...

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Principality BS launches new products, cuts BTL and resi rates

By: ameer@trustedteam.com

Principality Building Society is launching a new mortgage acquisition product range as well as cutting existing residential and buy-to-let (BTL) rates. The lender has announced it is reintroducing residential two-year...

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Paragon Bank adds 5-year BTL loan at 4.69% 

By: ameer@trustedteam.com

Paragon Bank has launched a 4.69% five-year fixed-rate buy-to-let mortgage, which the lender says is its lowest rate for over a year.  The rate is available for single self-contained properties...

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Paragon Bank launches 5-year landlord product at 4.69% 

By: ameer@trustedteam.com

Paragon Bank has launched a 4.69% five-year fixed-rate buy-to-let mortgage, which the lender says is its lowest rate for over a year.  ...

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Quantum adds 100% ICR product for ‘mortgage prisoner’ investors  

By: ameer@trustedteam.com

Quantum Mortgages will launch a 100% interest cover ratio product to help landlords trapped as “mortgage prisoners” and are unable to remortgage due to high rental income margins, from...

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Quantum launches 100% ICR loan for ‘mortgage prisoner’ landlords  

By: ameer@trustedteam.com

Quantum Mortgages will launch a 100% interest cover ratio product to help landlords trapped as “mortgage prisoners” and are unable to remortgage due to high rental income margins, from...

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Perenna secures £43m from investors as it prepares for launch  

By: ameer@trustedteam.com

Perenna has secured £42.6m ($52m) of cash from investors as it gears up for the launch of its 30-year mortgage business later this year.    The fundraising was led by...

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HSBC offers sub-5% resi rates amid range of rate cuts  

By: ameer@trustedteam.com

HSBC has become the latest lender to offer sub-5% rates as it cuts residential and landlord rates by up to 16 basis points.   The high street bank’s lowest rate is...

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CHL Mortgages cuts 5-year BTL rates by 34bps, launches 2-year fixes  

By: ameer@trustedteam.com

CHL Mortgages has cut five-year fixed-rate landlord loans by up to 34 basis points and added a two-year fixed-rate range.   The specialist buy-to-let lender says its individual and limited...

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