Author: Jordan

Bank Nizwa’s Sharia-compliant credit cards continue to offer customers a comprehensive range of exclusive benefits and flexible banking solutions. Image courtesy: Bank Nizwa Cardholders enjoy access to VIP airport lounges, exclusive discounts, advanced security features, and Nizwa Plus points rewards Press Release Muscat: Reinforcing its commitment to delivering value-added financial solutions, Bank Nizwa’s Sharia-compliant credit cards continue to offer customers a comprehensive range of exclusive benefits and flexible banking solutions. Cardholders enjoy access to VIP airport lounges, exclusive discounts, advanced security features, and Nizwa Plus points rewards.Bank Nizwa’s comprehensive Mastercard credit card portfolio…

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A mortgage company is launching a range called ‘Next Chapter Lending’ encouraging borrowers remortgaging at or beyond 76.Vida describes its range as “an enhanced later life lending proposition” targeting later first-time buyers, so-called mid-life movers, and those remortgaging in retirement.A statement from the company says: “The proposition reflects the changing shape of homeownership in the UK, with increasing numbers of borrowers purchasing their first home later in life, moving home in their 50s and maintaining mortgage commitments into retirement.”Vida now defines ‘lending into retirement’ as any mortgage where the term extends beyond a customer’s expected retirement age or beyond their 76th…

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Welcome to ‘Buy-to-Let Market’, a column aimed at providing you with recent criteria and product updates within the buy-to-let lending markets. The information within this article is correct as at 25/09/2025. Buy-to-let market update:  The Mortgage Works – has decreased selected standard and limited company buy-to-let rates by up to 0.15 per cent. A two-year fixed rate at 65 per cent Loan to Value (LTV) has reduced to 2.74 per cent with a 3 per cent lender completion fee and a five-year fix at 75 per cent LTV has reduced by 0.14 per cent to 3.76 per cent with a…

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Houses in Newtown have been deemed “undervalued” in new property research, with homes priced an average $293,000 below neighbouring suburbs offering similar housing and amenities. The research from property analytics group SuburbData showed the suburb’s median price is sitting noticeably below what its supply-and-demand fundamentals suggest it should be worth. This did not mean Newtown was considered “cheap”. The research defined an undervalued suburb as one where homes trade at a discount to comparable nearby areas. SuburbData noted discounts like this often followed a period of weak or subdued growth, with a later pick up in buyer demand and reduction…

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Beleaguered buy to let investors seeking alternative opportunities with commercial property may think twice.Leasing demand for offices in London dipped by 11% in the second quarter of 2026 compared to the same period last year, according to Rightmove.Nationally, demand to lease office space fell by 2%. But Scotland (+11%), the East Midlands (+1%) and the South East (+1%) recorded growth in leasing demand for offices in Q2. Indeed, office leasing demand is in negative territory across 10 of the 11 key London boroughs covered by Rightmove’s Commercial Insights Tracker. Lambeth (+1%) was the only area to record growth.  The hardest hit borough was…

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The market share of blue chips and large caps has declined over the past six years, with mid-, small- and micro-caps gaining ground in this period. The benchmark Nifty’s share of the total market capitalisation of the NSE-listed companies fell 3.3 percentage points in Q1 to a ‘multi-year low’ of 40.5% in June, from 44.9% in March 2025 and 58.8% in March 2020, according to the report. The Nifty Next 50’s share declined to 15.7% from 16.4% in March 2025 and 18% in 2024.The Nifty Midcap 150 accounted for 21.4% of the total market capitalisation from 19% in 2025 and…

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Hazelwood voters will decide if the city will use up to $14 million to renovate its fire stations in the August election.Proposition 1 would use general obligation bonds to construct a new Hazelwood firehouse.If the proposition passes, it will lead to the modernization of Fire Station 1, said Fire Chief Dan Luley.“It gives us a budget to work with to secure property and a structure that will allow for future growth and continued services within the city that meet the standards of today’s fire service,” Luley said.The current fire station was built in the mid-1960s and is less than a…

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By Milan Rojan July 20, 2026 Digital Payments Digital Transformation Financial Inclusion GlobalPay has launched GlobalPay Connect, a forex card distribution platform designed to expand access to multi-currency forex cards through RBI-licensed financial institutions across India. Srikrishna Narasimhan, Chief Executive Officer and Whole-Time Director at GlobalPay, said: “The launch of GlobalPay Connect represents an important strategic milestone as we expand from being a forex card issuer to creating a wider distribution network through trusted partners. We believe institutions with the right regulatory credentials and customer reach deserve access to a robust, compliant and scalable forex solution that enables them to…

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Hinckley & Rugby for Intermediaries launched new buy-to-let two-year discounted products at up to 80% loan-to-value, with rates starting at 4.99%, and cut its limited-company buy-to-let two-year discounted product at 70% LTV by 40bps to 5% from 5.40%, with a £1,249 fee. HSBC UK reduced mortgage rates by up to 30bps across its range, cutting two-year tracker mortgages at 60% and 85% LTV with a £999 fee to 4.09% and 4.44%, respectively, and lowering five-year fixed 60% LTV purchase products with a £999 fee to 4.49%, or 4.46% for Premier customers. InterBay cut rates on selected limited-edition commercial investment and semi-commercial products,…

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