Author: Jordan

Speaking to iGB, BDO director Ollie Woodward says the sector’s overall sentiment towards the UK is one of “resilience and bullishness”, despite margin strain from RGD hike. As the dust begins to settle on the April Remote Gambling Duty increase in the UK, online and land-based operators are re-evaluating their positions and their cost base within the market. Speaking during iGB Live’s first M&A Summit in July, BDO corporate finance director Ollie Woodward told iGB the focus for a number of operators was to consider the sustainability of its player base. Entain last week announced a significant restructuring of its…

The lender’s large HMO and MUFB Lifetime Tracker products, which are available on properties up to 12 bedrooms/units, will start from 5.74% and offer no early repayment charges (ERCs).   Zephyr Homeloans has refreshed its buy-to-let (BTL) product range, reducing rates on its large house in multiple occupation (HMO) and multi-unit freehold block (MUFB) Lifetime Tracker products by 0.25%. The lender’s large HMO and MUFB Lifetime Tracker products, which are available on properties up to 12 bedrooms/units, will start from 5.74% and offer no early repayment charges (ERCs).   Alongside the tracker rate reductions, fixed rates across the range will increase by 0.20% following recent increases in swap rates. To support brokers…

OP Mortgage Bank plc Half-year Financial Report 1 January-30 June 2026Stock Exchange Release 23 July 2026 at 10:00 am EEST OP Mortgage Bank plc: Half-year Financial Report for 1 January-30 June 2026OP Mortgage Bank plc is the covered bond issuing entity of OP Pohjola. Together with OP Corporate Bank plc, its role is to raise funding for OP Pohjola from money and capital markets. Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and…

Chinese mutual funds have reduced their Hong Kong stock holdings via the southbound Stock Connect to a more than two-year low in the second quarter, despite a lot of money moving southward over the same period.The share of Hong Kong stocks in their portfolios fell to 23.3 per cent in the second quarter of this year, which was lower than the 23.9 per cent posted two years earlier, according to a report published by investment bank China International Capital Corporation on Thursday.It also marked a sharp fall from 34.7 per cent in the first quarter.The investment bank revealed its findings…

It has been a significant week for housebuilders. A robust trading update on Wednesday from FTSE 100-listed Barratt Redrow (LSE:BTRW) and interims from Crest Nicholson Holdings (LSE:CRST) yesterday, which reminded investors of risks.Barratt Redrow shares have risen 6.5% to 294p versus a 5.1% overall short position (trades over the 0.5% disclosure threshold) with two hedge funds decreasing and two increasing in June and July. In common with other housebuilders, this shorting took off from late February coinciding with the US/Iran war given that this has affected UK consumer confidence and inflation/interest rates.Source: TradingView. Past performance is not a guide to future performance.While stock markets seem…

TORONTO–(BUSINESS WIRE)–Realize Fund I, managed by Realize Capital Partners, a fund-of-funds manager for the Government of Canada’s Social Finance Fund, has secured the largest Canadian university investment to date into a private impact fund from the Concordia University Inter-Generational Fund. Marc Gauthier, Chief Investment Officer, Concordia University, says: “This was a big step for us. Making a $25 million investment into a private impact fund is not a decision we took lightly. But at the same time, the decision was intuitive because we are investing in the positive Canadian future that we aim to cultivate through all our university activities.…

Godrej Capital, the financial services arm of the Godrej Industries Group, has entered the gold loan business by acquiring the gold loan portfolio of Kanakadurga Finance through its subsidiary, Godrej Finance.The transaction marks Godrej Capital’s first strategic acquisition and expands its presence beyond MSME lending and housing finance into the secured retail lending segment. The acquired business includes assets under management (AUM) of around ₹280 crore, nearly 12,000 customers, 54 branches across Andhra Pradesh, and about 250 employees, the company said in a statement.Godrej Capital said the acquisition will strengthen its retail lending business as it looks to diversify its…

Mortgage applications rise 1.9% despite elevated rates Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New?Updated 6 hours agoLatest Source link

The proposition offers lower rates than standard buy-to-let (BTL) products, with rates from 4.69% for a first charge 2-year fixed deal.  Together has launched a new lower-rate proposition for portfolio landlords with two or more properties who need finance of more than £1m.  The lender said the move is aimed at supporting intermediaries’ clients who have faced rising rates, tax changes and recent legislation in the rental market. The proposition offers lower rates than standard buy-to-let (BTL) products, with rates from 4.69% for a first charge 2-year fixed deal.  Landlords can make a single monthly payment across their portfolio, with…

China’s mutual funds swung back to profitability in the second quarter, raking in 1.94 trillion yuan ($287 billion) in net profit as active managers dumped traditional staples for AI and tech stocks. The massive gains snapped two consecutive quarters of losses, according to data from Wind Information Co. Ltd. The rapid capital rotation underscores a highly polarized Chinese stock market, as growth-chasing managers boosted their exposure to the technology, media and telecommunications sector.  You’ve accessed an article available only to subscribers VIEW OPTIONS Source link