Home loans the top reason for hardship 

By: ameer@trustedteam.com

Home loans are the primary product that individuals are currently requesting hardship assistance with, leading to several organisations calling on lenders to improve their response to hardship requests and...

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Westpac subsidiaries added to government guarantee scheme

By: ameer@trustedteam.com

St.George, Bank of Melbourne and BankSA have officially joined as participating lenders authorised to offer the Australian Government’s Home Guarantee Scheme (HGS). The Westpac subsidiaries have joined the panel four...

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Majority of older Australians think they will outlive their savings

By: ameer@trustedteam.com

Of those older Australians with savings and investments, 53 per cent believe they will outlive them. Moreover, in 2018 and 2019, around 50 per cent of older Australians who...

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Australian mutuals outperform broader banking sector 

By: ameer@trustedteam.com

Australian mutual banks, building societies, and credit unions (mutuals) have outperformed the broader banking industry when it comes to total gross loan growth in 2023, according to KPMG’s Mutuals...

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More rate rises on the horizon? 

By: ameer@trustedteam.com

Speaking at the Australian Business Economists annual dinner, yesterday (22 November), Reserve Bank of Australia (RBA) governor Michele Bullock confirmed that the inflation challenge is “increasingly homegrown”. Ms Bullock’s speech...

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Paragon Bank cuts fixed rate BTL by up to 40bps

By: ameer@trustedteam.com

Paragon Bank has reduced rates on thirteen of its fixed-rate buy-to-let mortgages by up to 40 basis points (bps). ...

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LendInvest reduces landlord rates by 30bps, loans start at 3.99% 

By: ameer@trustedteam.com

LendInvest Mortgages has cut rates across its two-, five- and seven-year landlord mortgages by up to 30 basis points, with rates starting at 3.99%.  ...

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NatWest rolls out new broker portal  

By: ameer@trustedteam.com

NatWest Intermediary Solutions has launched a new broker portal which it says makes it “easier to submit and track cases”.   ...

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Majority of BTL owners want higher green ratings: Social Market Foundation  

By: ameer@trustedteam.com

Almost four-fifths of landlords favour raising energy efficiency standards on rental properties, according to the Social Market Foundation.   ...

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Lenders compete on price over fixed mortgage rates

By: ameer@trustedteam.com

Lenders are battling it out on price as fixed rate reductions took precedence in the mortgage market this week, according to Moneyfactscompare.co.uk. ...

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