Bank of Mum and Dad extended £9bn in 2022: Savills

By: ameer@trustedteam.com

The Bank of Mum and Dad lent or gave away a total of £9bn in 2022, says Savills. It says this is a rise of almost £4bn since 2019. The report...

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Mortgage lenders, borrowers react to banks closures 

By: ameer@trustedteam.com

The Silicon Valley Bank and Signature Bank failures that occurred over the last week have caused even more uncertainty within the mortgage industry. Still, homebuyers took advantage of declining...

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Cooling housing market may lead to fall in building workers: RIFT   

By: ameer@trustedteam.com

A cooling housing market may lead to a fall in the number of the country’s 1.4 million construction workers for the first time in almost a decade, says RIFT...

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ASTL and FIBA launch professional specialist lending course   

By: ameer@trustedteam.com

The Association of Short Term Lenders and the Financial Intermediary & Broker Association are set to launch a professional qualification for bridging and specialist lending.   The two bodies are...

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Homeowners are £500 a year better off than renters

By: ameer@trustedteam.com

Homeowners with mortgages are better of to the tune of £500 a year than renters, but the savings are not as great as they were seven years ago, new...

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Mortgage demand rises despite volatile interest rates

By: ameer@trustedteam.com

Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Despite rates being higher, mortgage applications to purchase a...

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HLPartnership welcomes Tandem Bank to its elite lender panel

By: ameer@trustedteam.com

HLPartnership (HLP) has announced the addition of Tandem Bank to its panel, welcoming the digital lender as one which ‘challenges the status quo with new ideas’. As part of HLP’s...

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More positive consumer outcomes expected in 2023: James Bawa

By: ameer@trustedteam.com

PEXA UK chief executive officer James Bawa says 2023 has the potential to be “a year of progress towards a better and more resilient conveyancing and mortgage market”. In a...

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ASTL and FIBA launch professional bridging and specialist lending programme   

By: ameer@trustedteam.com

The Association of Short Term Lenders and the Financial Intermediary & Broker Association are set to launch a professional qualification for bridging and specialist lending.   ...

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Knowledge Bank launches Consumer Duty tool ahead of summer deadline  

By: ameer@trustedteam.com

Knowledge Bank has launched software to help lenders and brokers comply with upcoming Consumer Duty regulations.   ...

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