First Federal Bank to acquire BNC National Bank’s mortgage business

By: ameer@trustedteam.com

First Federal Bank will acquire the mortgage division of BNC National Bank, which will give the Florida-headquartered community-based bank a nationwide consumer direct mortgage platform. The two banks announced they...

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Coventry for intermediaries cuts rates for FTB loans 

By: ameer@trustedteam.com

Coventry for intermediaries has cut its entire first-time buyer-only range at 90% to 95% loan to value.   The mutual’s broker-only arm adds that its three-year products, with a £999...

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News analysis: Tackling the affordability challenge 

By: ameer@trustedteam.com

As inflation and the base rate continue to increase, so does the issue of housing affordability, which is rapidly climbing the agenda of industry challenges. After a significant period of...

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Coventry for intermediaries reduces 90%, 95% LTV rates

By: ameer@trustedteam.com

Coventry for intermediaries has cut its entire first-time buyer-only range at 90% to 95% loan to value.   ...

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Grand National’s Aintree, a strong affordability runner: Benham  

By: ameer@trustedteam.com

Homebuyers pay 12% more on average to live close to leading UK horse racing venues – but Grand National course Aintree is a bookies favourite when it comes to...

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LMS launches ID checking software partnership with tmgroup  

By: ameer@trustedteam.com

LMS has launched a partnership with tech firm tmgroup to deliver law firm identity-checking software across the firm’s client base.     ...

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Grand National spot Aintree, a good affordability runner: Benham & Reeves

By: ameer@trustedteam.com

Homebuyers pay 12% more on average to live close to leading UK horse racing venues – but Grand National course Aintree is a bookies favourite when it comes to...

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Weekly rate watch: Prices edge higher 

By: ameer@trustedteam.com

The majority of average fixes nudged higher in a “subdued” seven days this week, Moneyfacts data shows.   ...

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Construction output lifts by 2.4% in February: ONS 

By: ameer@trustedteam.com

Construction output jumped by 2.4% in February giving the sector the highest monthly cash boost, £15.6bn, since records began, says the Office for National Statistics.  ...

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Rics survey points to squeeze on sellers but hints at brighter outlook

By: ameer@trustedteam.com

The latest Rics UK Residential Survey continues to reflect a generally weak market backdrop, with indicators on demand, sales, new listings, and house prices all negative. The survey for March...

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