Interest-only mortgages fall by half to below 1 million: FCA 

By: ameer@trustedteam.com

The number of interest-only mortgages has fallen by half over the last eight years to below one million, Financial Conduct Authority data shows, as homeowners move to more conventional loans.  The...

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One in 10 home sellers open to part exchange

By: ameer@trustedteam.com

As many as one in 10 UK home sellers would consider a part exchange property transaction when buying their new home, research by Quickmove Properties reveals. Having no chain, the...

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How are mortgage rates determined?

By: ameer@trustedteam.com

[embedded content] Federal Reserve The Federal Reserve’s primary tool for stabilizing the inflation rate is the federal funds rate. This is the rate at which banks borrow money from each other...

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TSB moves on homeowner and BTL variable loan rates  

By: ameer@trustedteam.com

TSB has changed its homeowner and landlord variable mortgage rates today (14 August).  ...

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Selling landlords see capital gains drop in 2023

By: ameer@trustedteam.com

The average buy-to-let investor who sold this year made £95k, £10k less than in 2022. ...

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Paragon cuts 2-year BTL rate by 45bps 

By: ameer@trustedteam.com

Paragon Bank has cut the rate on its core two-year buy-to-let fix by 45 basis points, which now starts at 4.85%.  ...

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Northern property market outperforming South

By: ameer@trustedteam.com

The property market in the North of England is outperforming the South for both capital appreciation and rental yields, new research from property investment platform Sourced Franchise reveals. ...

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Four-in-ten later life advisers want more vulnerability training: More2life  

By: ameer@trustedteam.com

Four-in-ten later life advisers say more vulnerability training is required to meet the needs of clients in the wake of the Consumer Duty launch, data from More2life shows.   The...

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Comment: Avoiding foreseeable harm

By: ameer@trustedteam.com

Let’s be clear: the new Mortgage Charter, signed by 32 lenders, is a welcome step to support the growing number of UK households with concerns about their ability to...

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Halifax launches vulnerable customer advice service  

By: ameer@trustedteam.com

Halifax has upgraded its vulnerable customer advice service to allow brokers to pass on details about clients who may need help managing their home loans.   The country’s largest lender says...

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