Stamp duty tax receipts increase to £15.7bn: HMRC

By: ameer@trustedteam.com

Stamp duty tax receipts in England totalled £15.7bn between April to December last year, a £1.8bn increase on the same period a year ago, HMRC data reveals. Coventry Building Society’s...

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Transaction numbers dip at end of 2022: HMRC

By: ameer@trustedteam.com

The number of residential transactions in the UK during December 2022 was 1% lower than a year previous, totalling 108,960, says HMRC. Compared to the month before, November 2022, this...

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Accord launches products aimed FTBs and lower deposits

By: ameer@trustedteam.com

Accord will launch two mortgages at 95% loan-to-value (LTV) for first-time buyers and remortgagers with lower deposits, available from 25 January at 8am. The new range features rate cuts of...

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Clydesdale launches exclusive remortgage, cuts rates by up to 45bps  

By: ameer@trustedteam.com

Clydesdale Bank has launched an exclusive 80% loan-to-value product with £1,000 cashback for remortgage customers from today (24 January), as well as cutting rates on selected residential and buy-to-let...

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NatWest Bank joins Fiba’s lender partner panel

By: ameer@trustedteam.com

The Financial Intermediary & Broker Association (Fiba) has added NatWest Bank to its lender partner panel. As part of the partnership, Fiba will offer its members access to NatWest’s products...

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Why the GSEs’ new fees may be tricky to implement

By: ameer@trustedteam.com

The price breaks for certain LTVs appear to address the fact that lower income borrowers often can't afford large down payments and also might have a lower credit score...

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Equity release market hits £5.6bn, despite mini-Budget knock  

By: ameer@trustedteam.com

The equity release market lifted 27% to hit a record £5.58bn of new lending last year, although loans in the final quarter of the year were knocked by the...

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One in six over-50s explore equity release due to cost-of-living crisis   

By: ameer@trustedteam.com

One in six of the UK’s over-50s say they will need to either sell or release equity from their homes due to the cost-of-living crisis, according to data from...

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finova Payment and Mortgage Services partners with Loans Warehouse

By: ameer@trustedteam.com

finova Payment and Mortgage Services has partnered with Loans Warehouse. Through the partnership, finova’s directly authorised (DA) intermediary network will have access to second charge mortgages, bridging and development finance...

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Monthly mortgage payments could fall by 25% by end of 2023: Quilter

By: ameer@trustedteam.com

Monthly mortgage payments could fall by around 25% by the end of the year, new research from Quilter shows. The latest government house price index data shows that in November...

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