HSBC announces more cuts to resi and BTL rates

By: ameer@trustedteam.com

HSBC has announced more rate cuts across its residential and buy-to-let (BTL) range of products. The high street bank is reducing resi rates by 0.15% on average (between 0.10% and...

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Metro Bank shares plunge 27% over fundraising concerns  

By: ameer@trustedteam.com

Shares in Metro Bank have plunged by more than a quarter after reports that the lender is in talks with investors to raise up to £600m to bolster its...

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LendInvest cuts resi rates by up to 45bps, launches 90 LTV product  

By: ameer@trustedteam.com

LendInvest has cut rates on residential home loans by up to 45 basis points and has brought back its 90% loan-to-value product.   The mortgage platform’s residential loan rates now...

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LendInvest reduces resi rates by up to 45bps, brings back 90 LTV product  

By: ameer@trustedteam.com

LendInvest has cut rates on residential home loans by up to 45 basis points and has brought back its 90% loan-to-value product.   ...

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Sharpest decline in construction output since May 2020

By: ameer@trustedteam.com

The latest CIPS PMI construction data points to a reversal in fortunes for the sector as total industry activity in the UK decreased for the first time in three...

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Metro Bank shares tumble 27% over fundraising worries  

By: ameer@trustedteam.com

Shares in Metro Bank have plunged by more than a quarter after reports that the lender is in talks with investors to raise up to £600m to bolster its...

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Fleet Mortgages cuts 2-year, 7-year BTL rates by up to 20bps  

By: ameer@trustedteam.com

Fleet Mortgages has cut rates on all two- and seven-year fixes across its three core ranges by up to 20 basis points.   The buy-to-let lender says the reductions affect its...

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Fleet reduces 2-year, 7-year landlord rates by up to 20bps  

By: ameer@trustedteam.com

Fleet Mortgages has cut rates on all two- and seven-year fixes across its three core ranges by up to 20 basis points.   ...

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UK housing construction slows further: Glenigan

By: ameer@trustedteam.com

Residential construction-starts decreased 10% on the preceding three months and fell back 26% on 2022 figures, according to the October 2023 Construction Index from Glenigan. Similar to the September Index,...

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Rents jump in London, hold steady across the UK: Goodlord  

By: ameer@trustedteam.com

UK rents held steady in September averaging £1,346.28 per property from the month before, Goodlord data shows, but prices in London and the South East soared to record levels...

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