One Mortgage System hires Spencer as growth director 

By: ameer@trustedteam.com

One Mortgage System has hired Melanie Spencer as its business partnership and growth director.  The CRM platform for brokers says Spencer will help with new lender onboarding, lender integrations and...

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Skipton expands Track Record criteria after market feedback

By: ameer@trustedteam.com

Tenants who can evidence affordability for a mortgage, have a strong track record of rental payments and haven’t owned a home in the last three years can now borrow...

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L&C announces specialist finance partnership with Propp

By: ameer@trustedteam.com

London and Country (L&C) has partnered with Propp.io so it can refer clients who need specialist advice. Propp launched in November 2020 and is the UK’s first specialist finance comparison...

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HSBC makes further cuts to rates across resi and remo range

By: ameer@trustedteam.com

HSBC has reduced rates for the second time in a week as it announced cuts across its resi and remo range. The bank has reduced its two-year and five-year residential...

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Rents jump 10% to £1,347 in August: Goodlord  

By: ameer@trustedteam.com

Average UK rents lifted 10% to £1,347 last month compared to a year ago, as the lettings market remains “red hot” in the busiest part of the season, data...

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Cost of buying property over double what it costs to build – Searchland

By: ameer@trustedteam.com

It now costs over twice as much to buy a property than to build one, new research from Searchland reveals. Analysis from the development site sourcing specialists compared basic building...

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Judge reverses Change Lending’s decertification for non-QM loans

By: ameer@trustedteam.com

A federal judge has reversed the U.S. Treasury Department's decertification of Change Lending, allowing the non-bank originator to resume its non-qualified mortgages to underserved borrowers. U.S. District Judge James V....

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Cerberus Capital Management to acquire Spring EQ

By: ameer@trustedteam.com

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ, the companies announced on Friday. The terms of the deal were not...

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Home prices lift ahead of the spring selling season – PropTrack

By: ameer@trustedteam.com

Australia property prices have climbed a further 0.28% in August, ahead of the spring selling season, according to the latest PropTrack report. “August marked the eighth consecutive month of national...

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VIC director disqualified by ASIC

By: ameer@trustedteam.com

A Victoria director has been disqualified from managing corporations for three-and-a-half years due to her involvement in the failure of three companies, ASIC has reported. Athina Bragiannis, also known as...

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