Tag Result: interest rate
Low lender margins mean proc fee alignment off the cards, lenders say
Aligning product transfer procuration fees with new business may not be feasible due to lo...
Interest rate shocks have impacted lending as much as the financial crisis, says economist
The impact of rapidly rising interest rates over the past few years has had an equal, if n...
Natwest, Accord and Gen H announce rate reductions – round-up
Three more lenders have announced cuts to their mortgage rates.
Equity release market on ‘gradual road to recovery’ with first uptick in 12 months
Rising customer numbers and total lending figures signalled a reprieve for the equity rele...
Average house prices in Wales drop annually for first time since 2013
The average house price in Wales has fallen to £239,378, a contraction of 2.6 per cent ye...
Revised GDP figures show UK economy bounced back from pandemic faster than expected
UK Gross Domestic Product (GDP) has been revised upward in Q1 2023 but remains the same fo...
UTB to accept higher passing rents on BTL cases
United Trust Bank (UTB) has adapted its interest cover ratio rules in a move it said is de...
MAB mortgage completions stable at £12bn; growth in market share and adviser revenue
Mortgage Advice Bureau’s (MAB) gross mortgage completions are flat year-on-year at £12....
Sancus Lending’s new loan facilities come to £83m in H1 2023
Specialist lender Sancus Lending wrote £83m in new loan facilties in the first half of th...
‘Worst’ lenders for SVR named and shamed ‒ TotallyMoney
Virgin and Metro Bank have topped a new table for the ‘worst’ lenders for standard var...