Coventry BS cuts resi, landlord rates by up to 26bps  

By: ameer@trustedteam.com

Coventry for intermediaries has cut selected new business residential rates by up to 22 basis points, while some new business landlord offers have been reduced by as much as...

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Former ME Bank CEO appointed to non-bank board

By: ameer@trustedteam.com

MONEYME has appointed the former chief executive of ME Bank as a non-executive director to its board. ...

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National sales at highest level since 2022: CoreLogic

By: ameer@trustedteam.com

CoreLogic’s Monthly Housing Chart Pack for March 2024 has revealed that the rolling annual count of national sales has surpassed 500,000 for the first time since December 2022.This equated...

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Qld to become first to deliver Help to Buy

By: ameer@trustedteam.com

The Miles Queensland government is expected to become the first to progress state legislation to deliver the federal government’s Help to Buy scheme. The shared equity scheme (passed by the...

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Using super for housing could raise prices by $75k: SMC

By: ameer@trustedteam.com

The Super Members Council (SMC) has estimated that allowing first home buyers (FHBs) to withdraw money from their super to fund a house deposit could increase property prices by...

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Total residential housing values near $10.4tn: ABS

By: ameer@trustedteam.com

The value of Australia’s residential housing rose to near $10.4 trillion ($10,397.1 billion) in the quarter ended 31 December 2023, according to the latest data released by the Australian...

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PIPA elects 2 board members

By: ameer@trustedteam.com

Mike Mortlock, managing director of MCG Quantity Surveyors, and Cate Bakos, director of Cate Bakos Property and former president of the Real Estate Buyers Agents Association of Australia, were...

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BNPL to come under credit licensing and RLOs

By: ameer@trustedteam.com

The federal government has released a new exposure draft legislative package for public comment, which aims to bring buy now, pay later (BNPL) into the existing regulatory framework for...

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Arrears to rise as repayments outpace income growth: Moody’s

By: ameer@trustedteam.com

Moody’s Investor Service’s latest data on residential mortgage-backed securities (RMBS) has revealed the rate of mortgages in arrears is set to rise throughout the year as mortgage repayments have...

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OSB Group new loans tumble 19% to £4.7bn

By: ameer@trustedteam.com

OSB Group posted new lending down 19% to £4.7bn in 2023 compared to a year ago, due to “difficult mortgage market conditions and subdued purchase activity”.   ...

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