Author: Jordan

Loan sizes range from £100,000 to £5,000,000 under Light Refurbishment and from £100,000 to £3,000,000 under Heavy Refurbishment, with larger facilities considered individually. Both products are unregulated, first charge loans available against properties in England and Wales, spanning residential investment stock, semi-commercial premises where the commercial portion accounts for up to 35% of property value, and commercial buildings being converted for residential use. “These product improvements are a direct response to feedback from our partners,” said Laura Kendall (pictured top), marketing director at Funding 365. “We’re delighted to able to add the benefits of higher net LTVs to the highly…

Euro area sovereign short-term yields fell, as CPI numbers unveiled a cooler-than-expected inflation in June (2.8% YoY vs 3% expected), while long-term ones rose, slightly widening peripheral spreads. US Treasuries closed flat on a choppy session, with the manufacturing ISM coming in line with expectations.In currency markets, the inflation surprise weighed on the euro, which depreciated against major currencies as expectations for another rate cut from the ECB this year decreased. Equity markets fell on both sides of the Atlantic, correcting the movements of the past session, driven by losses in the technology sector. Asian markets, however, managed to post…

LNG imports into the EU fell year over year for the third consecutive month in June, according to data from S&P Global Energy CERA, as the persistent loss of production from the Persian Gulf continued to weigh on global trade and strain Europe’s gas sourcing. The EU imported about 7.5 million metric tons of the fuel (equivalent to about 10.4 billion cubic meters of natural gas) in June, down about 18% year over year, CERA data showed. The June downturn marks a sharp increase in the year-over-year shortfall in monthly EU imports that has emerged since the outbreak of the…

Cards continued to account for the greatest number of noncash payments in the United States in 2024, while ACH payments continued to account for the highest value of noncash payments. Both of those trends were true by a wider margin than three years earlier, according to the latest Federal Reserve Payments Study (FRPS). The FRPS is conducted every three years, quantifies aggregate payment volumes, and includes payments from U.S. domiciled accounts, both consumer and non-consumer. The latest study, the 2025 FRPS, includes data from 2024. Cards accounted for 79% of noncash payment volume in 2024, up from 77% in 2021.…

HYDERABAD: The Telangana High Court on Tuesday declined to grant interim relief restraining the sale of nearly 300 acres of land in Kukatpally owned by Gulf Oil Company Limited (GOCL), Hinduja Estates, Squarespace Infra City, Honor Homes and others. It, however, clarified that any sale or transfer during the pendency of the case would be subject to the final outcome of the writ petition.Justice NV Shravan Kumar passed the order while hearing a petition filed by Boduppal-based businessman Chinthala Srinivas Reddy, who alleged large-scale irregularities in land transactions involving private developers and revenue authorities.The petitioner contended that part of the…

60% increase in equity released for BTL improvements Property Investor Today Source link

Investing.com — Fortescue shares fell on Thursday after a Reuters report said China’s state-backed iron ore buyer had instructed some domestic steelmakers to stop accepting deliveries of certain lower-grade iron ore products from the Australian miner, as supply negotiations between the two sides continue. Fortescue Metals Group Ltd () shares fell 1.1% to A$19.03, underperforming Australia’s broader market, with the S&P/ASX 200 down about 0.1% in afternoon trade. Track miners, commodity markets and China policy shifts with InvestingPro  According to Reuters, China Mineral Resources Group (CMRG) has verbally told some steel mills not to take delivery of Fortescue’s Super Special…

Gold’s rebound has not fully changed the argument around bullion. The metal is back above the $4,000 line after softer US data knocked the dollar lower, but the market is still reluctant to chase prices higher before the official jobs report. Traders are weighing two competing signals: a cooling labour market that helps gold, and a Federal Reserve that remains unwilling to declare victory on inflation. Add fragile US-Iran diplomacy and another Russian strike on Kyiv, and the trade looks more like caution than conviction.Spot gold rose 0.7% to $4,057.92 an ounce in Asian trade on Thursday, extending its recovery…

GROS-ISLET, July 02, 2026 (GLOBE NEWSWIRE) — Elefin Ltd. today announced the launch of its online trading platform designed to provide individual traders with access to global CFD and forex markets through a streamlined digital interface. The platform offers access to a range of financial instruments, including forex, commodities, indices and other CFD products, while incorporating features intended to support efficient trade execution, account management and market accessibility for users in multiple regions. Elefin Elefin is contributing to this shift by providing a seamless and intuitive trading platform for CFD and forex trading, allowing users to navigate opportunities in the…

Bank of England to push ahead with plan to limit hedge fund leverage Financial Times Source link