India-EU FTA talks advance to political level – Economy News

India and the European Union (EU) will now remain continuously engaged at the chief negotiators’ level as the deadline for a free trade agreement approaches, and a real breakthrough remains elusive. However, there will be no more formal rounds of negotiations, after the 14th concluded in Brussels recently. Apart from the “continuous intensive” engagement, negotiations at the political level will continue,…

Reforms to stifle property investment

The government’s recent budget announcement has dominated headlines in recent weeks, with investors concerned about what the reforms could mean for their wealth creation plans. In a recent Senate submission, Momentum Wealth founder Damian Collins said that in their current form, the changes to negative gearing and the capital gains tax discount could have significant ramifications for the nation’s property…

Why are adjustable-rate mortgages gaining popularity?

Adjustable-rate mortgages are making something of a comeback. Last week they made up nearly 10% of all mortgage applications, nearing a post-pandemic high, per the Mortgage Bankers Association.However, today’s adjustable-rate mortgages are a little different from what you may remember.These days, most adjustable-rate mortgages lock in lower introduction rates for five, seven or 10 years. The late-aughts teaser rate mortgages,…

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Scottish Building Society expands nationwide and brings specialist mortgage lending to brokers across England and Wales

Scottish Building Society, the world’s oldest remaining mutual, has expanded its mortgage lending across mainland UK, giving brokers in England and Wales access to a wider intermediary offer that combines standard mortgages…