Scottish average house price increases – Walker Fraser Steele

By: ameer@trustedteam.com

The average Scottish house price is up 0.7% on the March figure and up 1.5% annually – standing at £221,267. The figures come from the latest Walker Fraser Steele Acadata...

Read More

BofA eyes seven new markets, including New Orleans and Milwaukee

By: ameer@trustedteam.com

Bank of America currently operates in 83 of the top 100 markets, and it plans to increase that number to 90 by the end of 2025, according to Aron...

Read More

The non-QM product gaining steam in a low-volume market

By: ameer@trustedteam.com

Some lenders in search of business during the mortgage market's holding pattern are turning attention to a niche product with millions of prospective borrowers. Community banks, credit unions and other...

Read More

Mortgage lenders must retool their practices to draw Gen Z workers

By: ameer@trustedteam.com

The oldest cohort of those considered Gen Z, which includes people born in 1997 or later, has started entering the workforce, and a significant number of them are now...

Read More

Mortgage market mayhem: Advice to buyers or those remortgaging

By: ameer@trustedteam.com

If you are taking out a mortgage – it probably feels like you are walking into a raging storm. Kate Saines gathers advice on how to navigate your way...

Read More

Keystone reduces rates and adds new products

By: ameer@trustedteam.com

Keystone Property Finance has reduced all of the products in its product transfer and Switch & Fix ranges by 20 basis points. Product transfer rates now start at 6.29%, while...

Read More

Value of mortgage advances lowest since 2020 – BoE

By: ameer@trustedteam.com

The Bank of England’s latest raft of mortgage lending statistics for the first quarter reveals that the value of gross mortgage advances was £58.8bn, the lowest since the second...

Read More

Commercial building work to lift 2.8% in 2023: Sirius

By: ameer@trustedteam.com

Commercial building work is expected to lift 2.8% to £19.2bn this year, building on its pandemic recovery, according to data from Sirius Property Finance. The sector declined sharply during the...

Read More

You Don’t Need a Big Bank to Get a Mortgage

By: ameer@trustedteam.com

It’s tough to get a mortgage these days. New and existing clients have been calling non-stop letting me know that they’ve been turned down by their bank. It’s upsetting...

Read More

Costs continue to rise for first-time buyers – Rightmove

By: ameer@trustedteam.com

The average monthly mortgage payment on a first-time buyer type property for someone taking out a five-year fixed, 85% LTV mortgage is now £1,148, up by £20 per month...

Read More