Author: Jordan

Manchester has overtaken London as the number one location for buy-to-let investors.  The Property Buying Company data reveals that around 23% of investors are searching for property in Manchester, outpacing the 18% who look towards the capital for their next investment.  The top five most in-demand cities for investors are Manchester at 23%, London at 18%, Liverpool at 8%, and Birmingham at 7%. This further highlights Manchester’s ability to provide stable, long-term investment opportunities for both UK and international investors thanks to its thriving business sector and city centre population boom.  Why is buy-to-rent so popular in Manchester? While average…

L&T Finance expects loan growth to remain above 20% if economic conditions improve, while its investments in artificial intelligence (AI) are expected to reduce credit costs and improve operating efficiency over the next few years, Managing Director and CEO Sudipta Roy said.Roy also said the lender expects credit costs to continue declining, supported by AI-led underwriting and collections, while operating expenses could improve by 30-40 basis points over the next three to four years. The company reported stable yields during the April-June 2026 quarter, although higher funding costs reduced net interest margins by 25 basis points. Roy said the impact…

Dudley Building Society has cut buy-to-let rates by up to 100 basis points (bps), as part of a wider round of reductions across its residential, holiday let and expat mortgage ranges.  The changes are available for both purchase and remortgage cases, spanning selected two-year and five-year fixed rate products, as well as discounted products. The buy-to-let two-year fixed at 80% LTV has been reduced to 5.50%, down from 6.30%, while the holiday let two-year fixed at the same LTV now sits at 5.55%, cut from 6.30%. Landlords and portfolio investors weighing up remortgage options may find the lower…

Moneyfacts UK Mortgage Trends Treasury Report data reveals fixed mortgage rates have recorded their biggest monthly reductions since October 2024. Product choice rose, and the churn of mortgage deals was stable. Fixed mortgage rates fell for a second consecutive month, recording the biggest monthly reductions since October 2024. The average two-year fixed rate dropped by 0.16% and the average five-year fixed rate by 0.11%, leaving both at 5.52% – their lowest level since the start of March 2026. This continued decline has also narrowed the recent rate inversion, after the average two-year rate had been priced higher than the five-year rate…

Hong Kong, Hong Kong–(Newsfile Corp. – July 13, 2026) – Century Global Commodities Corporation (TSX: CNT) (the “Company” or “Century Global”) is pleased to provide a comprehensive market update about its food division, (“Century Food”). This news release follows significant investor and shareholder interest in the food division after the recent announcement of the Company’s full-year results ended March 31, 2026, driving substantial increases to the Company’s share trading in the markets last week.While Century Global remains steadfast in its commitment with a dedicated mining team to unlocking substantial inherent values in our Canadian iron ore portfolio and particularly the…

Brokers can now research and compare GB Bank’s specialist lending products and criteria, helping them assess cases more quickly. GB Bank has been added to Mortgage Brain’s Sourcing Brain and Criteria Brain, giving brokers faster access to its buy-to-let (BTL) products through the technology provider’s product sourcing platform and its buy-to-let and bridging criteria. Brokers can now research and compare GB Bank’s specialist lending products and criteria, helping them assess cases more quickly. GB Bank’s specialist lending range includes buy-to-let and bridging finance, with solutions available across residential, and semi-commercial property investments. Sourcing Brain and Criteria Brain enable mortgage brokers…

We’re delighted to announce that the LGA is part of a new Department for Education (DfE) project to design a Centre for Excellence in digital and data for children’s services. Working as part of a ‘D2I consortium’, the LGA will be leading on the research and contributing experience from our existing sector support programmes. The Centre of Excellence will be a major investment by DfE in the capability of local authorities to use data and digital in children’s services, and the D2I consortium will work together to design it with the sector. The D2I consortium members are:  For more information…

How helping your kids with a home loan could destroy your retirement thesenior.com.au Source link

Police say a jewelry store owner in central Seoul defrauded customers of gold investments and informal savings contributions. The Seoul Metropolitan Police Agency’s Provincial Special Detective Corps LEE CHAN-KYU A jewelry store owner accused of defrauding customers out of more than 10 billion won ($6.6 million) worth of gold and informal savings contributions was arrested, the Seoul Metropolitan Police Agency said Monday.The suspect, a man running a business in Jongno District, central Seoul, was taken into custody by law enforcement on charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.A detention warrant against him was sought…

* Oil climbs as U.S. and Iran trade attacks in the Gulf* Stoxx and S&P 500 ​futures slip, KOSPI ⁠extends retreat* Dollar rises versus yen, flat against the euro* Fed chair to ​testify this week, US CPI in focus (Recasts lede, adds comments)July 13 (Reuters) – Global stocks fell and government bond yields rose on Monday as investors grappled with concerns over a fresh escalation in the Middle ​East ‌conflict and valuations in AI-related stocks. U.S. and Iranian forces renewed exchanges of heavy missile and drone assaults, with Tehran saying it had again closed the vital Strait of Hormuz. The…