Mortgage approval numbers sink again, BoE figures show

By: ameer@trustedteam.com

The number of mortgage approvals for house purchases fell for the fifth month in a row this January, says the Bank of England (BoE). ...

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House prices slump under cost-of-living pressure

By: ameer@trustedteam.com

House prices fell by 1.1% in the year to February – the ‘weakest’ performance since 2012, according to Nationwide. This is the...

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Simplybiz Mortgages promotes Merrett and Daffern

By: ameer@trustedteam.com

SimplyBiz Mortgages has promoted Richard Merrett and Phil Daffern to newly created roles. Merrett, previously  head of strategic development, has taken on the role of director of strategic relationships, while...

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Paragon hires Sedgwick as mortgages commercial director

By: ameer@trustedteam.com

Paragon Bank has hired Louisa Sedgwick as commercial director of its mortgages division. Sedgwick has more than 30 years’ experience in the mortgage industry, most recently as managing director for...

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Mortgage approvals fall for fifth month in a row: BoE

By: ameer@trustedteam.com

The number of mortgage approvals for house purchases fell for the fifth month in a row this January, says the Bank of England (BoE). In total, there were 39,637 agreements...

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The Mortgage Lender cuts 2-, 5-year BTL rates by up to 40bps 

By: ameer@trustedteam.com

The Mortgage Lender has cut rates across its two- and five-year fixed buy-to-let loans by up to 40 basis points.  The broker-only lender’s Fee Saver Remortgage product, down by 40bps...

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MPowered Mortgages updates affordability assessment

By: ameer@trustedteam.com

MPowered Mortgages has revised its affordability assessment to provide better support to those looking to buy or remortgage their home. The lender has reduced its stress rate to enhance its...

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FTBs that HTB deadline could have to find an extra £50k: Wayhome

By: ameer@trustedteam.com

First-time buyers (FTBs) who miss the final Help to Buy (HTB) completion deadline could have to find an additional £52,218 to complete their purchase, research from Wayhome reveals. The final...

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Voids decreased in all regions in February due to rising rental demand: Goodlord

By: ameer@trustedteam.com

The rental market saw a re-injection of pace in February as voids dropped by a quarter and rents rose, the latest rental index from Goodlord finds. The data indicates renewed...

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Quilter adds four new lenders to its mortgage proposition

By: ameer@trustedteam.com

Quilter Financial Planning has added four new lenders to its mortgage proposition. The new lenders include Livemore, Tandem Bank, MPowered and CHL. Quilter says the new additions will enable advisers to...

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