January sees dramatic monthly fall in transaction figures

By: ameer@trustedteam.com

This means transactions were 7% lower on an annual basis and, compared to December 2022, marks a 27% drop off. On a seasonally adjusted basis, HMRC calculates there were 96,650...

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Landlord loan sizes ‘bounce back’ after mini-Budget slump: MBT 

By: ameer@trustedteam.com

The search criteria platform says buy-to-let affordability fell to its lowest level on record in November, with 19% of enquiries failing to find a lender able to provide the...

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House prices flat with sellers ‘realistic’ in February: Rightmove   

By: ameer@trustedteam.com

Average house asking prices were virtually flat this month, posting the smallest-ever increase from January to February, according to data from Rightmove.    New seller home prices lifted by just...

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Catalyst cuts bridging, auction loans, starting at 79bps  

By: ameer@trustedteam.com

Catalyst says it has cut loans across a range of products, with options starting at 79 basis points, adding that it will also return to lending at 75% of...

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HBF says newbuild homeowners could save over £3k on annual energy bills

By: ameer@trustedteam.com

The research comes as HBF calls on mortgage lenders to introduce ‘green mortgages’ that take into account these savings when assessing applicants. Updated analysis of Government energy performance certificate (EPC)...

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Nationwide BS receives Twenty7tec APPLY integration upgrade

By: ameer@trustedteam.com

The upgrade will increase the percentage of pre-populated data shared between APPLY and Nationwide’s intermediary trading portal NFI Online to at least 95%. It will also provide a purchase decision...

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finova Payment and Mortgage Services adds Gen H to its lender panel

By: ameer@trustedteam.com

The lender says the partnership will help brokers access a range of specialised products, across two-year, three-year and five-year fixed-rate deals. Gen H offers products from standard mortgages to specialist...

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Landbay reduces HMO/MUFB rates buy 30bps 

By: ameer@trustedteam.com

The BTL platform says rates on small houses in multiple occupation and multi-unit freehold blocks of up to six bedrooms, or units, have been reduced by 30 basis points...

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Home prices flat in February with sellers ‘realistic on price’: Rightmove   

By: ameer@trustedteam.com

New seller home prices lifted by just £14 in the period to £362,452, with “sellers being more realistic on price” says the online property site’s latest House Price Index. ...

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Conveyancers urged to build on existing tech solutions: CA

By: ameer@trustedteam.com

The comments were made at the Conveyancing Association Annual Conference & Dinner by keynote speaker Professor Richard Susskind OBE. Susskind shared his thoughts on the future of the legal services...

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