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The Mortgage Lender (TML) has launched a limited-edition five-year fixed rate buy-to-let (BTL) range, with rates starting from 4.74%. Deals are available with 2% and 5% completion fee options and include a free valuation. The lender has also reduced rates by up to 15 basis points (bps) across selected two- and five-year fixed mortgages, with five-year fixed rates for…
Property investors borrowed a record sum, nearly $130bn, to buy homes over the year to June, supported by interest rate cuts but squeezing out first-time buyers.Banks made almost 200,000 new loans to landlords over the year, the most since 2022, while the number of new first-home mortgages slipped to 116,000.Cameron Kusher, an independent property expert, said falling interest rates have…
The Bank of England held UK interest rates at 3.75% at its March meeting, keeping them at the lowest level since February 2023. Rates had fallen from 4% in December, but the economic impact of the war ... Source link
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Mortgage application activity dropped sharply last week as higher rates cut into…
Global financial institutions, particularly from the United Arab Emirates (UAE) and Japan,…
We offer more than a degree — every course is designed with…
Dubai-based accounting firm bridges the gap between quality and affordability with professional…
Hanley Economic Building Society has appointed Vanessa Hunt (pictured) as its…
The financial industry stands at a decisive inflection point. Artificial Intelligence is…
CHINA’S economy likely expanded the slowest in a year last quarter despite…
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There had been hope that this region would take off after the city hosted a major political meeting, the Shanghai Co-operation Organisation Summit, and China's leader Xi Jinping gave it his personal…
BEIJING — China's new home prices extended their decline in March, official data showed on Thursday (April 16), although major cities showed some month-on-month improvement.Weak demand continued to weigh on…
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