YBS mortgage balances increase to £43.7bn in 2022

By: ameer@trustedteam.com

Yorkshire Building Society has reported that mortgage balances for 2022 increased to £43.7bn from £41.9bn the year prior. ...

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Homeowners opt for second charge loans for renovations: Together  

By: ameer@trustedteam.com

One in ten UK homeowners plan to use their finances on home improvements rather than moving, according to Together.   Households say a key driver behind this move, among 17%...

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Fannie Mae launches survey to make multifamily properties greener

By: ameer@trustedteam.com

Fannie Mae has launched a survey to collect and analyze the energy and water consumption and costs of multifamily properties from 2022 as part of a national effort to...

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Mortgage approval numbers sink again, BoE figures show

By: ameer@trustedteam.com

The number of mortgage approvals for house purchases fell for the fifth month in a row this January, says the Bank of England (BoE). ...

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House prices slump under cost-of-living pressure

By: ameer@trustedteam.com

House prices fell by 1.1% in the year to February – the ‘weakest’ performance since 2012, according to Nationwide. This is the...

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Simplybiz Mortgages promotes Merrett and Daffern

By: ameer@trustedteam.com

SimplyBiz Mortgages has promoted Richard Merrett and Phil Daffern to newly created roles. Merrett, previously  head of strategic development, has taken on the role of director of strategic relationships, while...

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Paragon hires Sedgwick as mortgages commercial director

By: ameer@trustedteam.com

Paragon Bank has hired Louisa Sedgwick as commercial director of its mortgages division. Sedgwick has more than 30 years’ experience in the mortgage industry, most recently as managing director for...

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Mortgage approvals fall for fifth month in a row: BoE

By: ameer@trustedteam.com

The number of mortgage approvals for house purchases fell for the fifth month in a row this January, says the Bank of England (BoE). In total, there were 39,637 agreements...

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The Mortgage Lender cuts 2-, 5-year BTL rates by up to 40bps 

By: ameer@trustedteam.com

The Mortgage Lender has cut rates across its two- and five-year fixed buy-to-let loans by up to 40 basis points.  The broker-only lender’s Fee Saver Remortgage product, down by 40bps...

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MPowered Mortgages updates affordability assessment

By: ameer@trustedteam.com

MPowered Mortgages has revised its affordability assessment to provide better support to those looking to buy or remortgage their home. The lender has reduced its stress rate to enhance its...

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