Home prices to fall 2% in 2024: OBR  

By: ameer@trustedteam.com

House prices will fall by “around 2%” this year as mortgage rates ease, according to the Office of Budget Responsibility’s Spring Budget forecast.   ...

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House prices will fall 2% in 2024: OBR  

By: ameer@trustedteam.com

House prices will fall by “around 2%” this year as mortgage rates ease, according to the Office of Budget Responsibility’s Spring Budget forecast.   This decline is less than half...

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Construction PMI: Improved numbers in housebuilding sector

By: ameer@trustedteam.com

House building saw a major turnaround for February, according to the latest S&P Global UK Construction PMI. The index was 49.8 for the month, up from 44.2 and the...

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Legal & General lifetime mortgages business dives 53% to £299m

By: ameer@trustedteam.com

Legal & General’s lifetime mortgage advances, including retirement interest-only home loans, plummeted 53% to £299m from a year ago “reflecting a decline in demand as a result of higher...

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Aspen makes promotions in risk and underwriting teams

By: ameer@trustedteam.com

Aspen Bridging has made a raft of promotions across its risk, underwriting and credit team. Wayne Hicklin has been promoted to risk director, bringing together all the previous roles he...

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Legal & General equity release business plummets 53% to £299m

By: ameer@trustedteam.com

Legal & General’s lifetime mortgage advances, including retirement interest-only home loans, plummeted 53% to £299m from a year ago “reflecting a decline in demand as a result of higher...

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Aspen makes promotions in risk and underwriting teams

By: ameer@trustedteam.com

Aspen Bridging has made a raft of promotions across its risk, underwriting and credit team. ...

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MIMHC outlines events timetable for 2024

By: ameer@trustedteam.com

The Mortgage Industry Mental Health Charter (MIMHC) has organised a host of high-profile events and initiatives throughout 2024 to promote and safeguard the mental wellbeing of everyone working in...

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Housebuilding sector shows upturn: Construction PMI

By: ameer@trustedteam.com

House building saw a major turnaround for February, according to the latest S&P Global UK Construction PMI. The index was 49.8 for the month, up from 44.2 and the...

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Mortgage application volumes increase for first time in a month

By: ameer@trustedteam.com

After three weeks of diminishing volumes, home loans application activity reversed course, with growth in both conventional and government markets, the Mortgage Bankers Association said.   The MBA's Market Composite Index,...

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