Repairs jump 12%, but building slump ‘concerning’: FMB  

By: ameer@trustedteam.com

Building repair work jumped 12% in the first three months of the year, data from the Federation of Master Builders shows, but adds that it is “very concerned” about...

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Barratt positive on sales for 2023

By: ameer@trustedteam.com

UK housebuilder Barratt Developments reports a sales pick up and insists it will meet City profit expectations for the year. ...

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How JPMorgan Chase could make the most of First Republic’s servicing

By: ameer@trustedteam.com

While the terms of the deal generally mitigate the aforementioned risk, JPMorgan Chase will have to take some other steps as well to generate value from the servicing it'll...

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Home prices climb amid shrinking inventory, modest bump in demand

By: ameer@trustedteam.com

In March, a modest bump in homebuyer demand, combined with a decline in for-sale inventory, drove up home prices compared to the month prior. While home prices in many...

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Foundation Home Loans slashes rates on product range

By: ameer@trustedteam.com

Foundation Home Loans is introducing rate reductions of up to 0.70% across its core owner-occupied range and up to 0.35% across its core buy-to-let range. ...

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OSB Group lifts loan book guidance on ‘robust’ trading  

By: ameer@trustedteam.com

OSB Group lifted its full-year loan book growth guidance after reporting “robust” trading in the first three months of the year, with organic originations up 9% to £1.2bn on...

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Quarter of those with complex incomes refused mortgages

By: ameer@trustedteam.com

Over a quarter (28%) of adults with non-typical income streams, including those who are self-employed, have had a mortgage application rejected by a lender, according to research from The...

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Mortgage demand falls despite a decline in rates

By: ameer@trustedteam.com

30-year fixed mortgage rates declined slightly last week, the first rate drop in three weeks, but it wasn’t enough to boost mortgage demand. Mortgage applications fell last week by 1.2%...

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Black & White hires Tyler as director of intermediaries  

By: ameer@trustedteam.com

Black & White has hired Adam Tyler as director of intermediaries to lead the specialist lender’s new business development.   ...

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Home registrations plummet 40% in Q1: NHBC   

By: ameer@trustedteam.com

The number of new homes registered to be built tumbled 40% to 27,673 in the first three months of the year compared to 12 months ago, data from the...

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