Together relaunches Premier proposition as Clay rejoins as director
Dec 10, 2024 · Together Premier will specialise in large, complex and time-sensitive residential property mortgages as well as bridging loans. Clay left his role as head of Together Premier in September 2023 and joined Radius as a sales director.
OneDome snaps up Coreco – Mortgage Finance Gazette
Dec 5, 2024 · Coreco was founded in 2009 by former Cobalt Capital directors Montlake, Matt Lowndes and Francois Taljaard.. They were soon joined by further former senior colleagues from Cobalt, including Ingall, Rob Gill and Roy Hardy after the original brokerage became a casualty of the financial crisis.
House prices to climb 4% in 2025: Rightmove forecast
Dec 12, 2024 · Average asking prices will rise by 4% over the course of next year, but it will be a buyer’s market, according to forecasts by Rightmove. The property listing website predicts there will be four base rate cuts in 2025 bringing both two and five-year fixed rates down to an average of around 4% by ...
BoE rate hold as expected but hopes for cuts in 2025
Dec 19, 2024 · He added: “The news might trigger some negative responses, particularly among property buyers holding out hope for lower mortgage rates. However, Governor Bailey has strongly indicated that the base rate could be cut by 1% across the next 12 months, which will likely result in a significant surge in buyer demand and market activity in the new year.
Barclays debuts FTB deals, cuts rates by up to 50bps
Oct 3, 2024 · Two-year premier fixes, with a £899 fee, at 60% LTV, down by 23bps to 3.96% — minimum loan £5,000, maximum loan £2m; Five-year premier fixes, with a £999 product fee, at 90% LTV, down by 18bps to 4.42% — minimum loan £5,000, maximum loan £570,000
Together forecasts self-employed lending to grow 67% in 5 years
Dec 12, 2024 · This is according specialist lender Together ’s Residential Property Market Report. With the last twenty years seeing the number of self-employed already swelling from 3.2m to 4.3m including a further 183,000 in the first quarter of 20242, Together’s research highlights the growing need for support that self-employed aspiring home owners need in accessing finance and the challenges this ...
Revolut prepares mortgage market launch
Nov 25, 2024 · The announcement came on Friday in London as Revolut co-founders Nik Storonsky, chief executive (pictured), and Vlad Yatsenko, chief technology officer, celebrated the business hitting 50 million customers across 38 countries since its launch in 2015.
Tough month for UK housebuilders: PMI – Mortgage Finance …
Dec 5, 2024 · “In fact residential construction has contracted for two months in a row, and November’s decline was the fastest seen since summer. “With residential developers still chafing at high interest rates – which make it more expensive for them to buy land and build homes – and patchy consumer demand, the Government’s promise to get 1.5 million more homes built in England over the next ...
Forecast Finance announces acquisition Aedesia
Nov 7, 2024 · Forecast Finance has announced the acquisition of Aedesia. The strategic partnership will allow both firms to combine their expertise, enhancing the
London falling far short of housing targets: Savills
Dec 13, 2024 · London is falling even farther behind housing targets than the rest of England, posing a threat to the government’s promise to build 1.5 million homes over the next five years. That is according to analysis by Savills in an article by its associate director of residential research Paul Wellman. He ...