One in six over-50s seek equity release as living costs rise

By: ameer@trustedteam.com

The survey from the later life lender’s Barometer survey of 50- to 90-year-olds adds that nearly half of this group expect to be impacted “a lot” this year by...

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Alternative Bridging Corporation promotes Paul Gavin

By: ameer@trustedteam.com

Specialist lender Alternative Bridging Corporation has promoted Paul Gavin to the role of head of sales, northern division. Gavin joined the lender in January 2022 as a business development manager...

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Alternative Bridging promotes Gavin to head of sales for the North

By: ameer@trustedteam.com

Gavin joined the lender in January 2022 as a business development manager (BDM) for the north and has more than 16 years of residential and commercial property finance experience....

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Envelop appoints Bailey as BDM for the North

By: ameer@trustedteam.com

Envelop has appointed Ashley Bailey as a business development manager (BDM) for North of England. Bailey has worked in financial services for more than seven years. She joins Envelop after spending...

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Quilter predicts monthly mortgage payments could fall by 25%

By: ameer@trustedteam.com

The latest government house price index data shows that in November last year, the average UK property cost £294,910. During the same period, mortgage rates peaked at around 6% in...

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Equity release market jumps to £5.6bn in 2002, despite mini-Budget hit  

By: ameer@trustedteam.com

Plan sales grew by 25% to 52,295 compared with the previous year, according to the later life lender’s full-year Market Monitor.   The report says product sales were hit by...

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Better.com SPAC partner asks for more time to complete merger

By: ameer@trustedteam.com

The company seeking to take lender Better.com public is asking its shareholders to extend its merger deadline.Aurora Acquisition Corp. will hold a meeting to vote on whether to extend...

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The mortgage industry is nervous about LLPA fee changes

By: ameer@trustedteam.com

The Federal Housing Finance Agency this week made a series of significant changes to loan level pricing adjustment (LLPA) fees charged by Fannie Mae and Freddie Mac on conventional/conforming...

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ICE-Black Knight deal likely to go through, analysts say

By: ameer@trustedteam.com

The regulatory obstacles are not likely to derail Intercontinental Exchange's purchase of Black Knight, analysts at Keefe, Bruyette and Woods said following a conversation with executives at Boston Consulting...

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Aurora seeks third extension to deadline for merger with Better.com

By: ameer@trustedteam.com

Blank-check firm Aurora Acquisition Corp. wants to extend the deadline for completing its merger deal with struggling digital mortgage lender Better.com by six months for the third time, further...

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