China’s struggling property giant Evergrande files for bankruptcy protection in US | Evergrande

China’s Evergrande Group, the world’s most heavily indebted property developer and the poster child for the country’s property crisis, has filed for bankruptcy protection in a US court.The company sought protection under chapter 15 of the US bankruptcy code, which protects its US assets while it attempts a restructuring deal. The code also provides mechanisms for dealing with insolvency cases…

LBG launches 98% first-time buyer mortgage

Lloyds Banking Group (LBG) is set to launch a 98% loan-to-value (LTV) first-time buyer mortgage with a minimum deposit requirement of £5,000. With a maximum purchase price of £300,000 and borrowing capped at £295,000 based on a loan-to-income (LTI) ratio of 4.5 times earnings, from 18 May, first-time buyers can access a rate of 5.89% fixed for five years.…

Property consultancy set to create jobs after landing funding deal

X Register for free to receive latest news stories direct to your inbox Register Real estate consultancy Naismiths says it is grow its workforce by 15% over the next 12 months. The business, which is headquartered in Birmingham and employs 60 employees across the UK, is planning to expand its workforce across its national office network following a record year…

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Today’s Mortgage Rates Continue to Rise: July 24, 2026

Today's average interest rate on a 30-year purchase mortgage is 6.891%, a slight increase from yesterday's 6.817%, according to Zillow data provided to U.S. News. For refinancing mortgages, today's 30-year rate is…

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