Rise in mortgage arrears for Q2 2023: UK Finance

By: ameer@trustedteam.com

UK Finance’s latest arrears and possessions data for second quarter 2023 reveals there were 81,900 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the...

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CHL Mortgages reduces entire 5-year BTL range by up to 34bps  

By: ameer@trustedteam.com

CHL Mortgages has cut rates across its entire five-year fixed landlord range by up to 34 basis points, with rates starting at 5.94%.   ...

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Mortgage arrears on the rise: UK Finance

By: ameer@trustedteam.com

UK Finance’s latest arrears and possessions data for second quarter 2023 reveals there were 81,900 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the...

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Homebuying activity continues to slow: Rics

By: ameer@trustedteam.com

The latest monthly Royal Institution of Chartered Surveyors (Rics) report shows the broadest fall in UK house prices since 2009. ...

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Why the commercial real estate market is expected to sink $504 billion

By: ameer@trustedteam.com

Trouble has continued to brew in the US commercial real estate market as interest rate volatility and greater debt costs put pressure on the sector. Total commercial and multifamily mortgage...

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What Happened to Pride in Home Ownership?

By: ameer@trustedteam.com

I’ve always believed that owning a home is something to be proud of. Something to strive for. Most people used to agree with me – but more and more...

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Mortgage approvals expected to fall 11% in 2023

By: ameer@trustedteam.com

Mortgage approval levels are forecast to decline by 11% annually come the end of 2023, although short-term positivity is expected with an uplift in activity during the second half...

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Santander raises tracker rates for new borrowers by 25bps   

By: ameer@trustedteam.com

Santander for intermediaries has raised the pay rates on its new business and product transfer tracker rates by 25 basis points from today (9 August).   ...

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Enter the MFG Supplier Awards now

By: ameer@trustedteam.com

The inaugural Mortgage Finance Gazette Supplier Awards are now open for entry. ...

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Advise Wise adds broker contacts directory to platform   

By: ameer@trustedteam.com

Advise Wise has launched a broker contacts directory on its platform that ranges from lenders to skilled craftsmen.   The later life lending sourcing platform says its database houses a...

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