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Social housing providers face mounting risks, regulator warns

Mortgage Strategy
Mortgage Advisor
8 months ago

Social landlords are under mounting pressure from soaring debt, labour costs, safety upgrades and shrinking surpluses leaving them with “little,.. Read More;

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Equity Release Council unveils vulnerable customer help hub

Mortgage Strategy
Mortgage Advisor
8 months ago

The Equity Release Council (ERC) has launched a new guidance hub to encourage better treatment of vulnerable customers. The hub, Safe,.. Read More;

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LendInvest appoints McCluskey as BDM in Scotland

Mortgage Strategy
Mortgage Advisor
8 months ago

LendInvest Mortgages has hired Abbie McCluskey to serve as business development manager for Scotland. McCluskey brings nearly a decade of dedicated,.. Read More;

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U.S. median first-time homebuyer age now at record-high of 40 - CMT News

Mortgage Broker
Mortgage Advisor
8 months ago

The median age of first-time homebuyers in the U.S. has climbed to a record of 40 as soaring prices and,.. Read More;

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N.S. NDP leader becomes housing critic, says government doing nothing to solve crisis - CMT News

Mortgage Broker
Mortgage Advisor
8 months ago

Nova Scotia’s Opposition leader has taken on the role of housing critic to draw attention to the province’s housing crisis,.. Read More;

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TMW lowers BTL prices by up to 0.30%, Virgin reduces rates

Mortgage Strategy
Mortgage Advisor
8 months ago

The Mortgage Works (TMW) has announced it will reduce selected buy-to-let (BTL) rates for new and existing customers by up,.. Read More;

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Questrade secures bank licence, paving way for possible mortgage expansion - CMT News

Mortgage Broker
Mortgage Advisor
8 months ago

Questbank’s launch signals the online brokerage’s biggest expansion yet, and could shake up Canada’s retail lending market,.. Read More;

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Bank of Canada to cut 10% of staff as Carney hunts for savings - CMT News

Mortgage Broker
Mortgage Advisor
8 months ago

The Bank of Canada is planning to eliminate hundreds of jobs, about 10% of its workforce, as part of Prime,.. Read More;

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Greater Toronto home sales down 9.5% in October from last year - CMT News

Mortgage Broker
Mortgage Advisor
8 months ago

Toronto's real estate board says home sales and prices were down in October from a year earlier as economic uncertainty,.. Read More;

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BTL searches down 13.67% YoY: Twenty7tec

Mortgage Strategy
Mortgage Advisor
8 months ago

Buy-to-let purchase searches are down 13.67% year-on-year, while remortgage searches have risen by 6.05%, Twenty7tec’s October data reveals. After a period,.. Read More;

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Savills halves house price growth predictions

Mortgage Strategy
Mortgage Advisor
8 months ago

Savills has halved its house price growth predictions due to worsening buyer sentiment and concerns about the economy and tax,.. Read More;

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Family Building Society trims rates

Mortgage Strategy
Mortgage Advisor
8 months ago

Family Building Society has cut mortgage rates on residential and buy-to-let deals by up to 15 basis points. Within the lender’s,.. Read More;

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