Today's
top stories:
Thursday 15th October
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GDP
UK GDP continues to beat expectations with 0.7% quarterly growth
Regulation
FCA and PRA confirm final rules for removal of high-LTI mortgage cap
House Prices
More than half of two and three-bed homes now affordable for average earners: Zoopla
HSBC
HSBC reintroduces sub-5% mortgage rates in latest cuts
Specialist Lending
MFS collapse has tightened specialist lending funding, industry warns
Accord Mortgages
Accord cuts residential rates by up to 0.26%
Hampshire Trust Bank
HTB increases maximum HMO lending to 80% LTV
Advice
Two thirds of IFAs targeting revenue growth of 20% or more in 2027
GB Bank
GB Bank introduces dual legal representation
Specialist Lending
Norton Home Loans increases maximum first charge loan size to £350,000
Blogs
Andrew Peters: Redefining the role of the EWS1
Budget
93% of homeowners say brokers have a crucial role in explaining Budget changes
Bridging
Pivot cuts bridging and development finance rates by 200bps
Halifax
Halifax enhances broker experience with new mortgage application system
Foundation
Foundation reduces buy-to-let rates and enhances criteria
Loans Warehouse
Loans Warehouse partners with new network BrokerSync
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This week's biggest stories:
Adverse Credit
Adverse credit mortgage sales hit highest level since 2008
First-time Buyer
Government to launch new first-time buyer scheme with 2.5% deposits
Iress
Iress expands mortgage and protection distribution through new Access FS platform
Pensions
State pension triple lock to be ‘adjusted’ from 2030
This week's biggest stories:
Adverse Credit
Adverse credit mortgage sales hit highest level since 2008
First-time Buyer
Government to launch new first-time buyer scheme with 2.5% deposits
Iress
Iress expands mortgage and protection distribution through new Access FS platform
Pensions
State pension triple lock to be ‘adjusted’ from 2030
Pensions
Pension withdrawals surge amid fears over government tax changes
FCA
Advice firm employees plead guilty after defrauding clients of £2m