Mortgage sales slump by 42% year to date

By: ameer@trustedteam.com

The number of property transactions fuelled by the mortgage sector has fallen by 42% so far this year, with the UK’s more expensive regions bearing the brunt as higher...

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West One brings back resi loans, boosts senior team

By: ameer@trustedteam.com

West One Loans has brought back its range of fixed-rate residential loans and boosted its senior team.   ...

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Later-life lending business impacted by ‘wait-and-see’ approach

By: ameer@trustedteam.com

Total equity release lending in the first half of 2023 was £1.38bn, down markedly from the £3.43bn in 2022. These figures come from Key’s Market Monitor, which indicates that consumer...

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Later life lending numbers plummet as consumer confidence weakens

By: ameer@trustedteam.com

Total equity release lending in the first half of 2023 was £1.38bn, down markedly from the £3.43bn in 2022. ...

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TSB debuts 3-year purchase and remo range  

By: ameer@trustedteam.com

TSB has launched a three-year fixed-rate purchase and remortgage range, as borrowers search for options to combat rising interest rates, The bank’s movers and first-time buyers’ offers range from 60%...

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Financial conditions in the U.S. shift as the Fed steps away from unusual monetary policies.

By: ameer@trustedteam.com

The Federal Reserve kept its benchmark lending rate near what economists call "the effective lower bound" for the better part of 15 years. Low interest rates can in some cases...

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How the Black Knight-ICE deal changed business for a rival

By: ameer@trustedteam.com

At this time a little over a year ago, Mortgage Cadence was gearing up to take advantage of a changing landscape in the loan origination system business.The news about...

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One in two customers see mortgage product withdrawn

By: ameer@trustedteam.com

A survey of 2,000 UK adults reveals that 50% of UK adults who have applied for a mortgage in the last year have had their desired product withdrawn by...

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Homeowners looking at ways to consolidate debt

By: ameer@trustedteam.com

Homeowners are looking at ways to consolidate their debt and extend the term of their mortgages as rising interest rates start to take hold, new figures reveal. The latest criteria...

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Santander lifts landlord and resi rates by up to 67bps  

By: ameer@trustedteam.com

Santander for intermediaries has raised selected residential and landlord rates for new and existing borrowers by up to 67 basis points.   The high street bank’s broker-only arm also introduces new...

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