Precise adds 70% LTV resi loans, Kent Reliance launches BTL products   

By: ameer@trustedteam.com

Precise Mortgages has launched a range of 70% loan-to-value products across its residential range, while Kent Reliance has trimmed rates and launched new landlord products.   Both firms are part...

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GSEs give on COVID loans, but not on putbacks

By: ameer@trustedteam.com

Enjoy complimentary access to top ideas and insights — selected by our editors. The Mortgage Bankers Association annual gathering in Philadelphia raised a lot of hopes and expectations for...

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Two and five-year deals continue to fall: Moneyfacts

By: ameer@trustedteam.com

Fixed rate reductions have been the most significant trend in the mortgage market this week, according to moneyfactscompare.co.uk spokesperson James Hyde, with average rates for two and five-year mortgages...

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Court certifies class action suit against Home Point

By: ameer@trustedteam.com

A class action lawsuit has been certified by a Maryland federal court against Home Point for alleged Real Estate Settlement Procedures Act violations stemming from a decade ago. The suit...

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Newbury BS cuts resi rates by up to 30bps for new and existing borrowers   

By: ameer@trustedteam.com

Newbury Building Society has cut rates on three standard residential fixed-rate home loans for new and existing borrowers by up to 30 basis points.   The changes at the mutual...

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Tenet exit sad day for industry: Network Consulting

By: ameer@trustedteam.com

The biggest talking point relating to networks over the last quarter, according to Paul Day founder of Network Consulting,  was the sale of Tenet Network or the several brands...

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OnTheMarket agrees £99m takeover deal with CoStar  

By: ameer@trustedteam.com

Property portal OnTheMarket has agreed a £99m cash takeover by US rival CoStar Group, giving the American firm a UK presence.  Shareholders of the estate agent-backed hub will receive 110p per...

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Halifax introduces 3-year remortgage offers  

By: ameer@trustedteam.com

Halifax Intermediaries will introduce three-year fixed-rate remortgage products tomorrow (20 October).   The lender’s new offers cover:   Three-year fixes up to 60% loan to value, with a £999 fee, at 5.08% —...

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Phoebus tops £100 billion assets milestone

By: ameer@trustedteam.com

Phoebus has announced that the balances of loans and savings on its servicing platform has increased to over £100bn assets under management. ...

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OnTheMarket agrees £99m buyout offer from CoStar  

By: ameer@trustedteam.com

Property portal OnTheMarket has agreed a £99m cash takeover by US rival CoStar Group, giving the American firm a UK presence.  ...

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