Second charge loans up in January but down for 12-month period

By: ameer@trustedteam.com

The number of new second charge agreements grew by 2% in January, compared to the same month the previous year, the second month in a row of growth. There were 2,346...

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Rate increases get the upper hand this week: Moneyfacts

By: ameer@trustedteam.com

The mortgage market experienced a mix of fixed rate cuts and increases this week, with the latter dominating. As Moneyfacts finance expert Rachel Springall explains these movements resulted in the...

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Nationwide agrees £2.9bn buyout terms for Virgin Money 

By: ameer@trustedteam.com

Nationwide Building Society has agreed a cash deal to buy Virgin Money for £2.9bn, which will make the merged business the second largest provider of mortgages and savings in...

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Foundation Home Loans launches HMO products for first-time landlords

By: ameer@trustedteam.com

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ brand.  Both are available up to 75% LTV, with a two-year fix...

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Pexa appoints chief growth officer for Smoove

By: ameer@trustedteam.com

Pexa UK has appointed Matthew Joy to be the chief growth officer at Smoove.  Joy has 35 years’ industry experience, having worked most recently as sales and marketing director at...

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Kensington reduces rates and fees across range

By: ameer@trustedteam.com

Kensington Mortgages has lowered rates and reduced arrangement fees across selected 90% and 95% LTV products. For its 90% LTV products, Kensington has decreased rates by up to 55bps across...

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House prices rise for fifth month in a row: Halifax

By: ameer@trustedteam.com

House prices climbed by 0.4% in February on a month-to-month basis, according to the latest Halifax House Price Index (HPI). This was the fifth consecutive monthly increase registered by Halifax...

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Smoove appoints chief growth officer

By: ameer@trustedteam.com

Pexa UK has appointed Matthew Joy to be the chief growth officer at Smoove. ...

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First-time landlords offered new HMO products

By: ameer@trustedteam.com

Foundation Home Loans has launched two HMO products for first-time landlords under its ‘Buy to Let by Foundation’ brand. ...

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Atom reduces variable rates on commercial mortgage range

By: ameer@trustedteam.com

Atom bank has reduced the cost of its variable-rate commercial mortgage range by 30bps. ...

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