Homeowners saw property value increase by an average of £19k in 2022: Zoopla

By: ameer@trustedteam.com

Despite the UK’s housing market seeing a ‘tumultuous’ end to the year, 92% of homeowners saw their property increase in value in 2022 by an average of £19,000, new...

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Roma Finance joins Knowledge Bank’s interactive criteria guide

By: ameer@trustedteam.com

Roma Finance has joined Knowledge Bank’s new interactive criteria guide. Knowledge Bank’s guide provides detailed information on all residential, second charge and bridging criteria. Roma Finance offers products including standard loans,...

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Coventry for Intermediaries debuts 2-year BTL loans for existing customers 

By: ameer@trustedteam.com

The mutual’s broker-only arm says that rates are available between 50% and 75% loan to value for BTL and portfolio landlords.  It adds these offers are only available for product transfer...

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CMA gears up to open housebuilding study

By: ameer@trustedteam.com

The Competition and Markets Authority (CMA) has stated that the housebuilding sector will be in its sights over the next 12 months. In a letter to Michael Gove, CMA chief...

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L&G adds Bank of Ireland’s Bespoke lending service to SmartrFit

By: ameer@trustedteam.com

Legal & General today has added the Bank of Ireland’s Bespoke lending service to its SmartrFit technology tool. Bespoke says its products target particularly complex residential mortgage cases. To be eligible...

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Single-family home price growth slows, echoing sales downturn

By: ameer@trustedteam.com

Single-family home prices in the United States increased at a non-seasonally adjusted annual rate of 9.2% in Q4 2022, according to the latest Home Price Index (FNM-HPI) reading from...

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Philadelphia high on investors’ wish lists

By: ameer@trustedteam.com

Spencer Yablon, a senior vice president at CBRE who leads a multifamily capital markets team encompassing Philadelphia, agreed with the assessment: “We see interest from everywhere,” he said. “The...

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Machine learning influence grows in banking sector

By: ameer@trustedteam.com

According to the study, 92% of organizations are working with AI/ML models but 61% don’t have a data strategy in place to support it. “Thanks to an explosion of...

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How will the recession impact commercial real estate?

By: ameer@trustedteam.com

Still, he doesn’t predict a deep recession for this year: “The recession will not be particularly deep. Corporate finances are in good shape and employers will shun excessive layoffs...

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KeyBank hires VP to strengthen commercial mortgage group

By: ameer@trustedteam.com

Additionally, Wight is a past president of the Bay Area Mortgage Association and an active member of several local and national real estate groups, including the California Mortgage Bankers...

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