Real estate-related email fraud costs record dollar losses

By: ameer@trustedteam.com

Business email compromise scams related to real estate set a record for dollar losses in 2022, as the number of cases reported to the Federal Bureau of Investigation rose...

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HSBC comes back to market after raising rates by up to 35bps  

By: ameer@trustedteam.com

HSBC has returned to the market with new prices for residential and buy-to-let borrowers with rates that are on average 25 basis points higher.   ...

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Citizens Advice calls for govt action on renters bill

By: ameer@trustedteam.com

Citizens Advice is warning that banning Section 21 evictions will only improve renters’ rights if forthcoming legislation prevents backdoor ‘no fault’ evictions from taking place. ...

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New housebuilding work plummets by 55%: Glenigan  

By: ameer@trustedteam.com

Private housebuilding starts slumped by 55% compared to a year ago, data from Glenigan shows, hit by “an unpleasant combination of economic stagnation, strangled supply chains, and double-digit inflation”....

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Housebuilding starts slump 55%: Glenigan  

By: ameer@trustedteam.com

Private housebuilding starts slumped by 55% compared to a year ago, data from Glenigan shows, hit by “an unpleasant combination of economic stagnation, strangled supply chains, and double-digit inflation”....

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Tipton & Coseley Building Society appoints Evetts as new CEO  

By: ameer@trustedteam.com

Tipton & Coseley Building Society say that Adam Evetts will become the mutual’s new chief executive early next year.   Evetts steps up from his role as risk & compliance...

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Comment: Help your clients to get real

By: ameer@trustedteam.com

Now that the shock of recent rate rises is starting to settle, many homeowners are coming to terms with the new reality. For those who have recently remortgaged, the payment...

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Q&A: Understanding the potential and limits of automation

By: ameer@trustedteam.com

Bluestone Mortgages sales and marketing director Reece Beddall talks to David Burrows about the challenges and opportunities automation presents for both brokers and lenders. In the specialist lending market, what...

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Mortgage demand surges as interest rates ease off recent highs

By: ameer@trustedteam.com

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased last week to 6.77% from 6.81% the previous week. Applications to refinance a...

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Coventry Building Society hands brokers 48-hour rate rise notice 

By: ameer@trustedteam.com

Coventry Building Society has told brokers it will close a range of residential and buy-to-let rates tomorrow and will come back with higher offers a day later.   ...

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