Two lenders cut mortgage rates ahead of Bank of England decision on Thursday

Two major lenders have announced mortgage rate reductions ahead of the Bank of England's anticipated interest rate cut later this week.Barclays announced it would be cutting rates on some of its mortgages for home buyers and people remortgaging.It is also launching some new rates for borrowers buying energy efficient homes.It is offering five-year fixed rates starting from 4.13 per cent for those…

Search for Gus Lamont resumes on family property in South Australia

Police are resuming the search for Gus Lamont at his family’s remote property, more than a month after he disappeared. Officers will return to his family’s homestead Oak Park Station – located about 40km south of Yunta in South Australia’s Mid North – on Friday.Police will drain a large dam located about 600m from the homestead in the renewed search.The…

Aldermore Bank to close Wilmslow office as capacity expands in India

Aldermore Bank is to close its Wilmslow office and is offshoring jobs to India. The bank which lends to SMEs and property developers, confirmed the closing of the office in prosperous Cheshire town and said some jobs were at risk. In a statement sent  in response to questions from TheBusinessDesk.com:  “We’re creating a new team based in India to expand…

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Mortgage applications are still rising and rates continue downward momentum, Stonebridge finds

Mortgage applications increased 7% year-on-year in October, while average mortgage rates…

Keystone expands refurb-to-let range with higher LTV products

Keystone Property Finance has expanded its refurb-to-let range by introducing…

Your guide to real estate crowdfunding in India

One of the biggest advantages of real estate crowdfunding is the low…

GSBC acquires North East consultancy

A North East building services engineering consultancy is set for further national…

KKR, AEW Look to Sell China Property in Shanghai, Beijing

KKR and AEW are the latest companies to pull back from China…

Synechron Acquires RapDev: ServiceNow Consulting Expansion

Digital consulting firm Synechron acquires Boston-based ServiceNow specialist RapDev, significantly expanding its…

Stavian IP recognised as “Emerging Green Industrial Property Developers” at Green Future Awards 2026

Stavian IP earned recognition as an 'Emerging Green Industrial Property Developer' at…

Household Capital completes Macquarie reverse mortgage acquisition

Household Capital has finalised its acquisition of Macquarie Bank's reverse mortgage portfolio,…

What to Watch

Commercial real estate pros offer mixed takes on future economic outlook

Apparently, midterm voters aren’t the only ones with a ho-hum outlook on the economy. Members of the commercial real estate industry are experiencing mixed attitudes when assessing current economic conditions and the…

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