Author: Jordan

The buy-to-let (BTL) lender of Nationwide is piloting a support package for landlords to improve understanding of requirements that need to be met as part of incoming energy-efficiency requirements. Research carried out by The Mortgage Works (TMW) showed that 67% of landlords were unaware that properties need a minimum Energy Performance Certificate (EPC) rating of C by 2030. It also indicated that 73% did not know when new regulations come into force. TMW said this initiative came in light of a significant gap in awareness and preparedness among landlords.   Funding of property assessments As part of its support…

ALLENTOWN, Pa. – The Lehigh County Board of Commissioners finance committee held a hearing on a newly proposed tax Wednesday night at the Historic Lehigh County Courthouse.The “Intangible Personal Property Tax,” also commonly known as the “wealth tax,” would allow the county to acquire an additional $25.5 million each year in revenue by taxing Lehigh County residents on their various assets.Controller Mark Pinsley said the county’s revenues have been unable to meet its spending habits for a sustained time period.”This year, I think we’re overspending by $3 million,” Pinsley told WFMZ during a recent interview. “I think next year is…

Ledn now accepts Tether Gold as collateral for stablecoin loans, expanding beyond Bitcoin. Pluang Source link

Hedge Funds Win Trial Accusing Them of Operating as a Group for Short Swing Profits by Matthew Russell Lee, Patreon Book Substack SDNY COURTHOUSE, June 18 – On the 24th floor of Federal court in Manhattan a trial concluded on June 18, in which hedge funds tried to show the jury they carefully avoiding group formation despite the appearance of implicit agreements / concerted action.    The case is Augenbaum v. Anson Investment Master Fund LP et al..     U.S. District Court for the Southern District of New York Judge Arun Subramanian, still presiding over the Live Nation antitrust case -…

A slew of lenders have announced new products or reduced rates as they try to woo business from landlords.Vida Homeloans has announced a further enhancement to its Buy-to-Let (BTL) proposition, expanding its criteria to support more complex Special Purpose Vehicle (SPV) structures.Vida will now accept BTL SPVs where the applicant company is a subsidiary of a parent company, recognising the growing number of landlords structuring their portfolios in this way.To ensure clarity and consistency, the criteria includes the following parameters:A maximum of two company layers is permitted (SPV and parent company)The directors of the SPV must match those of the…

Gold price (XAU/USD) loses ground to near $4,210 during the early Asian session on Friday. The precious metal extends the decline after the US Federal Reserve (Fed) held interest rates steady in the June policy meeting but signaled rate hikes could come this year. The Fed on Wednesday made its first decision on interest rates under new chair Kevin Warsh, as the Federal Open Market Committee (FOMC) voted unanimously to hold rates between 3.5% and 3.75%. The federal funds rate has held there since the US central bank lowered rates by three-quarters of a percentage point in the latter part of 2025. Fed…

BAKU, Azerbaijan, June 18. The Islamic Development Bank Institute (IsDBI) successfully concluded the Applied AI in Islamic Finance Competency Challenge and Awards in Baku, Azerbaijan, in collaboration with the IsDB Group Business Forum (THIQAH) and the Small and Medium Business Development Agency of Azerbaijan (KOBİA). The initiative was organized as part of the 5th IsDB Group Startups Pitch Competition under the focused category of Artificial Intelligence, FinTech, and Cybersecurity. The awards were presented to the top three participating teams during the 20th IsDB Global Forum on Islamic Finance, held on the sidelines of the IsDB Group Annual Meetings. The challenge…

The super sub is not a new role in football, David Fairclough was changing the game off the bench before all of the players at this year’s World Cup were even twinkles in their parents’ eyes.Of course now, the 1970s Liverpool cult hero would be a known as a “finisher”, and Switzerland were grateful to have two of those for their Group B win over Bosnia and Herzegovina, a five-goal affair that packed 90 minutes’ worth of action into a chaotic final quarter of an hour.Elsewhere, South Africa kept their hopes of reaching the knockout stages alive with a draw…

The Mortgage Works has launched a support package designed to help landlords improve energy efficiency ahead of proposed minimum energy performance standards due to come into force by 2030. The buy-to-let lender, part of Nationwide, is piloting free property assessments for landlords while also introducing discounted further advance products to help fund improvement works. The initiative comes as research commissioned by The Mortgage Works highlights a lack of awareness among landlords about upcoming energy efficiency requirements. According to the lender’s findings, 67% of landlords are unaware that rental properties are expected to require a minimum EPC rating of…

Mortgage interest rates hit their lowest point in about a month this week, Mortgage News Daily reports. That could be welcome sign for borrowers looking to enter the housing market as the busy summer homebuying season warms up.Rates on a 30-year fixed-rate mortgage dropped to 6.56% to start the week, and mortgage interest rates on a 15-year fixed-rate mortgage sunk to 6.12%, the report said.*A drop in rates, even just a little bit of movement, could save borrowers thousands of dollars over the life of their loans.Are you ready to start the loans process? Apply now and learn what kind…