HSBC and Saffron withdraw mortgage deals

By: ameer@trustedteam.com

HSBC has temporarily withdrawn all residential and buy-to-let mortgage deals for new borrowers, effective immediately. The lender says the decision reflects the challenges faced by the UK lending market and...

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Crest Nicholson talks of tough times as profits slump

By: ameer@trustedteam.com

Crest Nicholson reports a 60% fall in pre-tax profits for the half year. ...

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Foundation introduces new BTL rates and fees

By: ameer@trustedteam.com

Foundation Home Loans, is adding three limited edition products to its core buy-to-let range and adding special editions to both its buy-to-let and owner-occupied offering. In its F1 tier, the...

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Legal & General Mortgage Club expands senior team

By: ameer@trustedteam.com

Legal & General Mortgage Club has expanded its leadership team, appointing Michelle Westley as propositions manager and Stephen Nobes as key relationship manager.  Westley joins from Brightstar, where she was...

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The Bank of Canada Does It Again

By: ameer@trustedteam.com

Some not-so-great news from the Bank of Canada yesterday: the target rate was raised yet again by 0.25%. This one wasn’t a complete surprise. Rates have been climbing for...

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Editor’s Note: We will ride this out

By: ameer@trustedteam.com

June is here and, looking back over May, it really was a month of two parts. We started with optimism aplenty. Bank of England (BoE) figures showed a rise in...

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Mortgage broker market will increase in 2023

By: ameer@trustedteam.com

New research from specialist property lender Octane Capital reveals that despite a turbulent finish to 2022, the size of the UK mortgage broker market climbed 9.6% year on year,...

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Brightstar launches BTL insurance brokerage

By: ameer@trustedteam.com

Brightstar has launched a new brokerage, offering a range of insurance products for buy-to-lets, HMOs and commercial properties, including pubs, shops, industrial units and development sites.  Solstar Insurance Brokers will...

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Foundation adds to buy-to-let range

By: ameer@trustedteam.com

Foundation Home Loans, is adding three limited edition products to its core buy-to-let range and adding special editions to both its buy-to-let and owner-occupied offering. ...

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Downward pressure on market in 2023- Rics

By: ameer@trustedteam.com

UK surveyors reported an increase in new buyer enquiries and agreed sales in May, according to the latest data from the Royal Institution of Chartered Surveyors (Rics).  ...

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