Octane says eradicating ‘amateur landlords’ could wipe £224bn from PRS value

By: ameer@trustedteam.com

If a consistent string of legislative changes succeed in eradicating the ‘amateur landlord’, private rented sector (PRS) market stock levels could reduce by 383,600, Octane Capital analysis reveals. ...

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Nationwide ups rates on new business and switcher fixes and trackers

By: ameer@trustedteam.com

Nationwide has made increases across selected fixed-term and tracker new business and switcher products, effective today (3 March). ...

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Rics launches guidance on the use of spray foam

By: ameer@trustedteam.com

The Royal Institution of Chartered Surveyors (Rics) has launched a guide to update consumers on the latest guidance about the use of spray foam as a method of insulating...

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AARP: Older Black adults feeling more confident about future finances

By: ameer@trustedteam.com

An increasing number of Black adults at or over the age of 45 feel more confident about their financial futures and retirement, according to the results of a new...

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FHA publishes final rule on LIBOR rate index transition

By: ameer@trustedteam.com

The Federal Housing Administration (FHA) on Wednesday published the “Adjustable Rate Mortgages: Transitioning from LIBOR to Alternate Indices” final rule in the Federal Register, providing long-awaited guidance for adjustable-rate...

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UK Moneyman gets FCA approval for home reversion plans

By: ameer@trustedteam.com

UK Moneyman has received approval from the Financial Conduct Authority (FCA) to add home reversion plans to its permissions. Home reversion plans are a type of equity-release scheme that lets...

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LSE report proposes cost solutions to help free mortgage prisoners

By: ameer@trustedteam.com

The London School of Economics and Political Science (LSE) has put forward a structured set of solutions that could be used to free mortgage prisoners as part of a...

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Park National Bank to pay $9M redlining fine

By: ameer@trustedteam.com

Newark, Ohio-based Park National Bank (PNB) will pay $9 million to settle allegations of using redlining practices in the Columbus metro area spanning from 2015 to 2021, the Department...

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Homeowners opt for second charge loans for renovations rather than move: Together

By: ameer@trustedteam.com

One in ten UK homeowners plan to use their finances on home improvements rather than moving, according to Together.   ...

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Construction performance continues to falter in Q1: Glenigan

By: ameer@trustedteam.com

Performance in construction has continued to falter in the first quarter of this year, according to Glenigan’s latest construction index, amid price inflation, economic uncertainty, and ‘lukewarm’ investor appetite. Glenigan...

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