BoE appoints Lombardelli as a deputy governor and MPC member  

By: ameer@trustedteam.com

The Bank of England has appointed Clare Lombardelli as deputy governor for Monetary Policy.   Lombardelli will succeed Ben Broadbent on 1 July for a five-year term. She is currently...

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Skipton’s 100% home loan offer attracts £62m in applications

By: ameer@trustedteam.com

Skipton Building Society says its 100% mortgage product has notched up £62.4m in applications and £29.7m of completions since its May launch.   ...

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Flattening rates fail to bring in mortgage borrowers

By: ameer@trustedteam.com

Home lending activity slowed for the fourth time in five weeks, even as interest rates tapped on the brakes after their recent acceleration, according to the Mortgage Bankers Association.The...

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Property investors remain bullish in outlook despite economic uncertainty

By: ameer@trustedteam.com

Property investors remain optimistic about the year ahead, despite ongoing economic and regulatory challenges. Research by specialist lender Market Financial Solutions found that more than half of the property investors...

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Govt must get moving on rental reform changes: NRLA

By: ameer@trustedteam.com

Responding to reports that the Government is planning to amend the Renters (Reform) Bill, National Residential Landlords Association (NRLA) chief executive Ben Beadle said: “We have long accepted that...

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Seven out of 10 would-be buyers struggle to secure home loan

By: ameer@trustedteam.com

Almost seven out of 10 first-time buyers face difficulties getting a mortgage, according to new research, discouraging others from pursing homeownership.  The research by specialist lender Perenna found 68% face...

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The latest in mortgage news: BC government unveils details of its proposed home-flipping tax

By: ameer@trustedteam.com

The British Columbia government today unveiled additional details of its proposed house flipping tax that was first introduced in last week’s budget. The government said it plans to introduce...

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Real estate association economist doubts B.C.’s flipping tax is worth the trouble

By: ameer@trustedteam.com

By Ashley Joannou in Vancouver The chief economist of the British Columbia Real Estate Association says the incoming provincial flipping tax could end up reducing the overall number of homes...

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70% of Scotiabank’s mortgage originations in Q1 were multi-product deals

By: ameer@trustedteam.com

Scotiabank is reporting success in its efforts to grow its deposits and increase profitability by doing more cross-selling to new mortgage clients. In the first quarter, the bank said...

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Govt must publish and debate rental reform changes: NRLA

By: ameer@trustedteam.com

Responding to reports that the Government is planning to amend the Renters (Reform) Bill, National Residential Landlords Association (NRLA) chief executive Ben Beadle said: “We have long accepted that...

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