Weekly rate watch: Three- and five-year fixes lead reductions

By: ameer@trustedteam.com

Both the three- and five-year average fixed rates lost 7 basis points this week, says Moneyfacts. This resulted in the former coming to 5.32% and the latter to 5.16%, data...

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Low levels of smaller homes for older movers prevent FTBs climbing ladder: Barrows and Forrester

By: ameer@trustedteam.com

The estate agent says the average first-time buyer previously made it onto the ladder at 32, recent figures from bank First Direct have shown that this is now fast...

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Leek BS joins with L&G Mortgage Club to offer exclusive FTB product  

By: ameer@trustedteam.com

The mutual offers a two-year fixed-rate product at 95% loan to value, priced at 5.99%. An early repayment charge of 2% applies in year one and a 1% charge...

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Blog: Green shoots of hope for 2023

By: ameer@trustedteam.com

Many effectively froze and decided to wait and see where things like market interest rates would land before making any mortgage-related decisions.  Not surprising really, given the wild speculation that...

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Average fixes fall again, shows Moneyfacts data

By: ameer@trustedteam.com

This resulted in the former coming to 5.32% and the latter to 5.16%, data shows. At the same time, the average rate for a two-year fix fell 4 basis points,...

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Using retirement savings to pay off debt is tempting, but be careful

By: ameer@trustedteam.com

It can be comforting to watch retirement savings — whether an IRA or 401K — grow over the years, as the money that accrues will provide for needs and...

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The RMD Podcast #40: Industry trainer Craig Barnes on selling reverse mortgages in a challenged market

By: ameer@trustedteam.com

In this episode of The RMD Podcast, Editor Chris Clow is joined by reverse mortgage industry educator and trainer Craig Barnes to talk about the realities of selling reverse...

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Mercantile Trust joins Propp’s lender panel

By: ameer@trustedteam.com

Mercantile Trust has been added to the lending panel of Propp. As part of the partnership, Mercantile Trust’s products will be included in comparisons on the Propp website. Mercantile Trust says...

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Market Financial Solutions seeks new hires after raft of promotions 

By: ameer@trustedteam.com

Market Financial Solutions has made 16 internal promotions over recent months, with the specialist lender adding it is hiring across 11 new posts as it expands. Among the changes, Scott...

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Private rental sector grows 30% since 2019, says Sirius

By: ameer@trustedteam.com

The latest figures show that, despite the government’s best efforts, the overall size of the PRS has grown by 2.4% across England since 2019, with 4.876m properties helping to...

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