Quarter of over 55s fear mortgage affordability: Perenna

By: ameer@trustedteam.com

Financial concerns driven by mortgage affordability and accessibility in the over-55s are rife, with over a quarter (28%) fearing they wouldn’t be able to afford their mortgage if it...

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Four in ten landlords plan to boost portfolios in 2024: Paragon  

By: ameer@trustedteam.com

Almost four in 10 portfolio landlords plan to add properties this year, data from Paragon Bank shows.   ...

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Co-op Bank migrates 120,000 mortgage borrowers from Platform

By: ameer@trustedteam.com

The Co-operative Bank has migrated 120,000 mortgage customers from its Platform hub to the new The Co-operative Bank for Intermediaries mortgage brand.   ...

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Scammers hit with $19M penalty over bogus loan modifications

By: ameer@trustedteam.com

A federal court judge in California has penalized four home modification scammers with approximately $19 million in fines and restitution in the first joint case brought by state and...

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Govt data shows UK house prices down 1.4% over year

By: ameer@trustedteam.com

UK house prices have fallen 1.4% year on year, however, on a monthly basis they have shown signs of positivity with a 0.1% increase. This is according to the latest...

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Inflation holds steady at 4%, leaves lenders in limbo  

By: ameer@trustedteam.com

Inflation held steady at 4% in the year to January, as higher gas and electricity charges were offset by falls in the prices of furniture, other household goods and...

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MSP begins migration to new user interface

By: ameer@trustedteam.com

Intercontinental Exchange's mortgage technology unit is rolling out a new look and a modernized way to utilize the widely used servicing system that was a key part of its...

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Trend on fixed rates mostly down year on year: Rightmove

By: ameer@trustedteam.com

Rightmove’s weekly mortgage tracker shows that the average five-year fixed mortgage rate is now 4.69%, down from 4.70% a year ago ...

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UK house prices down over year but up over month: ONS

By: ameer@trustedteam.com

UK house prices have fallen 1.4% year on year, however, on a monthly basis they have shown signs of positivity with a 0.1% increase. ...

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Foundation announces partnership with NACFB

By: ameer@trustedteam.com

Foundation Home Loans, the intermediary-only specialist lender, has become a patron of the National Association of Commercial Finance Brokers (NACFB), the UK independent trade body for commercial finance brokers. ...

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