Perenna partners with Quilter to expand lending network

By: ameer@trustedteam.com

Perenna has partnered with Quilter as part of its ongoing efforts to expand its lending network. As part of the partnership, Perenna’s long-term fixed-rate mortgages will be rolled out across...

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Inflation down but no BoE rate cuts imminent

By: ameer@trustedteam.com

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.8% in the 12 months to May 2024, down from 3% in the 12 months to April. The...

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House prices lift for second month in a row to £281,000: ONS   

By: ameer@trustedteam.com

UK average house prices lifted 1.1% to £281,000 in the year to April, the second month in a row of rises, official data shows.    These increases in recent weeks,...

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The Supreme Court may soon defang bank regulators — especially the CFPB

By: ameer@trustedteam.com

An upcoming Supreme Court decision has big implications for various federal agencies, but especially for the 13-year-old Consumer Financial Protection Bureau.Bloomberg In its 13-year history, the Consumer Financial...

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Mortgage applications come in higher for second week

By: ameer@trustedteam.com

Mortgage application activity increased for the second week in a row, inching up thanks to elevated purchase demand. The Mortgage Bankers Association's Market Composite Index, a measure of loan application...

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Berkeley announces expansion into build-to-let

By: ameer@trustedteam.com

UK housebuilder Berkeley is branching out with plans to tap into the London rental market by building homes to let. In its year-end results, Berkeley revealed it was establishing its...

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Private rents went up 8.7% in May: ONS

By: ameer@trustedteam.com

Private rents in the UK increased by 8.7% in the 12 months to May 2024, down from the record high rise of 9.2% in April, the latest data from...

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FTBs consider moving further afield for better value

By: ameer@trustedteam.com

Affordability concerns are prompting many first-time buyers to consider moving more than 30 miles on average from their preferred location to get their foot on the property ladder. ...

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Affordability worries prompt FTBs to consider moving further afield

By: ameer@trustedteam.com

Affordability concerns are prompting many first-time buyers to consider moving more than 30 miles on average from their preferred location to get their foot on the property ladder. A biannual...

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SNP launches housing-lite manifesto  

By: ameer@trustedteam.com

The launch of the Scottish National Party’s manifesto vowed to protect the NHS and “stop further austerity” — but was light on how it plans to improve the nation’s...

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