SBI adds 50% LTV product and relaunches BTL fixes

By: ameer@trustedteam.com

State Bank of India UK (SBI) has relaunched its fixed rate buy-to-let (BTL) products and introduced a new loan-to-value (LTV) band of 50%. The reintroduced products will be on offer...

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Liberty Reverse parent company Ocwen names Glen Messina as board chair

By: ameer@trustedteam.com

Ocwen Financial Corporation (NYSE: OCN), parent company of top 10 lender Liberty Reverse Mortgage, announced this week that its president and CEO, Glen Messina, has been named chair of...

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New listings off to a relative soft start in 2023

By: ameer@trustedteam.com

After a lacklustre listings season through spring and early summer in 2022, early indicators have suggested the flow of new listings this year are starting relatively softly, according to...

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Broker helps clients invest in volatile market

By: ameer@trustedteam.com

A Melbourne mortgage broker is on a mission to help his investor clients turn their property dreams into a reality by making calculated financial decisions.  Suvidh Arora (pictured above), founder...

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Exposed: the Perth suburbs where one in every five homes sits empty

By: ameer@trustedteam.com

One in every five homes in Perth’s inner suburbs sit empty – this despite the state’s rental crisis and the nearly 19,000 applicants on a public housing wait list. According...

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Lifestyle markets – one to watch as popularity spikes

By: ameer@trustedteam.com

Lifestyle locations across the country are growing in popularity as city buyers opt for a tree or sea change. The Whitsunday Islands property market in North Queensland is one to...

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The latest in mortgage news: Arrears rate rises from its all-time low

By: ameer@trustedteam.com

Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association. The arrears rate, which tracks mortgages that are behind...

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Weekly mortgage demand jumps 7% as interest rates drop to lowest level since September

By: ameer@trustedteam.com

Mortgage interest rates fell for the third straight week, while mortgage demand rose again. Total application volume increased 7% last week compared with the previous week, according to the Mortgage...

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Legal & General Mortgage Club adds West One Loans to resi lending panel  

By: ameer@trustedteam.com

It adds the deal means brokers writing cases through the club will be able to access the firm’s new range of residential mortgage products from today (24 January).  The lender’s...

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West One joins Legal & General Mortgage Club resi panel  

By: ameer@trustedteam.com

West One Loans has been added to Legal & General Mortgage Club’s residential mortgage intermediary panel, which the specialist lenders says is part of “a major expansion of its distribution...

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