New American Funding partners with EasyKnock on sale-leaseback program

By: ameer@trustedteam.com

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity...

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Holiday let deals ‘bounce back’ from 2022 slump: Moneyfacts 

By: ameer@trustedteam.com

Buy-to-let holiday let deals have “bounced back from a substantial drop towards the end of 2022” with more than 400 offers now on the market, data from Moneyfacts shows.  The data group...

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Stamp duty tax receipts increase to £15.7bn: HMRC

By: ameer@trustedteam.com

Stamp duty tax receipts in England totalled £15.7bn between April to December last year, a £1.8bn increase on the same period a year ago, HMRC data reveals. Coventry Building Society’s...

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Transaction numbers dip at end of 2022: HMRC

By: ameer@trustedteam.com

The number of residential transactions in the UK during December 2022 was 1% lower than a year previous, totalling 108,960, says HMRC. Compared to the month before, November 2022, this...

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Accord launches products aimed FTBs and lower deposits

By: ameer@trustedteam.com

Accord will launch two mortgages at 95% loan-to-value (LTV) for first-time buyers and remortgagers with lower deposits, available from 25 January at 8am. The new range features rate cuts of...

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Clydesdale launches exclusive remortgage, cuts rates by up to 45bps  

By: ameer@trustedteam.com

Clydesdale Bank has launched an exclusive 80% loan-to-value product with £1,000 cashback for remortgage customers from today (24 January), as well as cutting rates on selected residential and buy-to-let...

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NatWest Bank joins Fiba’s lender partner panel

By: ameer@trustedteam.com

The Financial Intermediary & Broker Association (Fiba) has added NatWest Bank to its lender partner panel. As part of the partnership, Fiba will offer its members access to NatWest’s products...

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Why the GSEs’ new fees may be tricky to implement

By: ameer@trustedteam.com

The price breaks for certain LTVs appear to address the fact that lower income borrowers often can't afford large down payments and also might have a lower credit score...

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Equity release market hits £5.6bn, despite mini-Budget knock  

By: ameer@trustedteam.com

The equity release market lifted 27% to hit a record £5.58bn of new lending last year, although loans in the final quarter of the year were knocked by the...

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One in six over-50s explore equity release due to cost-of-living crisis   

By: ameer@trustedteam.com

One in six of the UK’s over-50s say they will need to either sell or release equity from their homes due to the cost-of-living crisis, according to data from...

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