All Rics members quit following chair resignation

By: ameer@trustedteam.com

All nine members of the Royal Institution of Chartered Surveyors’ (RICS) standards and regulation board have resigned, following the decision by its chair to hand in her notice. ...

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Divorcing couples feel impact of mortgage rate rises

By: ameer@trustedteam.com

With higher rates suddenly making home loans very expensive, finding a solution to the property conundrum at separation could be trickier. ...

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Pepper Money reprices resi rates and fees

By: ameer@trustedteam.com

Specialist lender Pepper Money has repriced rates, reduced fees and simplified products on its range of residential mortgages. These changes were made in response to the Bank of England’s decision...

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Prime London market boosted by rising buyer demand

By: ameer@trustedteam.com

Life is returning to London’s high end housing market, with buyer demand climbing 2.5% across the prime market on a quarterly basis, while the super-prime market has also seen...

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Mortgage demand grows, driven by sales of new homes

By: ameer@trustedteam.com

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.75% from 6.73%. Applications to refinance a home loan rose 3% for...

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These banks have lots of office loans. Here’s why they say it’s OK.

By: ameer@trustedteam.com

Loans backed by office buildings are currently drawing major scrutiny, as the rise of remote work has led to higher vacancy rates and sparked fears that some lenders will...

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Demand improves in London prime market

By: ameer@trustedteam.com

Life is returning to London’s high end housing market, with buyer demand climbing 2.5% across the prime market on a quarterly basis, while the super-prime market has also seen...

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Savings account launched to help shared ownership borrowers ‘staircase’

By: ameer@trustedteam.com

Leeds Building Society has launched a savings account for borrowers with shared ownership mortgages who want to purchase a greater share of their home in future. ...

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Dashly’s message to brokers as EPC cost nears £14k

By: ameer@trustedteam.com

Data expert Dashly has called on brokers and lenders to do more to improve awareness of green mortgages. This follows publication of its latest data, which shows the average cost...

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AMI reveals progress on protection Five Point Plan

By: ameer@trustedteam.com

The Association of Mortgage Intermediaries (AMI) has published an ideas document resulting from an in-person protection workshop in April 2023. The workshop involved a selection of mortgage intermediary firms including...

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