Author: Jordan

Loans to buy-to-let property owners fell after the Budget in November, a specialist bank reveals. Paragon Bank says its new mortgage lending dropped 4.7% from £810million to £774million in the six months to the end of March. And the lender predicts its mortgage total would be towards the lower end of the £1.5billion to £1.7billion range, The Times reports. There was a lot of hesitancy among property investors before Rachel Reeves (pictured) delivered her Budget, which introduced a Mansion Tax on properties worth more than £2million and raised income tax rates for landlords. Analysts at Peel Hunt were reported as…

What’s Fueling Fresh Interest in Affiliated Managers Group? Kalkine Media Source link

New certificates have been produced for the 70th Caithness Music Festival taking place next week at the Assembly Rooms in Wick.The Caithness Music Festival will be celebrating its platinum anniversary next week as it brings together children and adults from across the far north to take part in a five-day celebration of music, speech and drama.To mark this 70-year milestone, the festival team has created a new logo and developed a new set of certificates. There will now be dedicated certificates for first, second and third places, along with newly designed certificates for all those taking part.The festival will open…

Bank Leumi Issues $1 Billion in Tier 2 Capital Bonds at Record-Low Interest Spread geneonline.com Source link

Specialist mortgage lender Molo has reduced pricing across its UK resident buy-to-let product range, with rate cuts of up to 0.05% on standard buy-to-let mortgages and up to 0.10% on houses in multiple occupation (HMO) and multi-unit freehold block (MUFB) products. The changes take effect immediately and follow the lender’s launch of a semi-commercial mortgage range last month. Molo’s UK resident buy-to-let rates now start from 3.05% for a 2-year fixed product at 75% loan-to-value (LTV), available to both individual and limited company borrowers. Five-year fixed rates start from 4.75%. Across the lender’s specialist property range, pricing for HMO and…

Hong Kong mortgages drop to HK$36.5b in April after Q4 2025 recovery Asian Banking & Finance Source link

Lightning Minerals Ltd (ASX:L1M, FRA:YZ1) is raising $1.85 million through a strongly supported placement, with the money to go to accelerating exploration across its Australian gold and copper portfolio, led by the flagship Mt Turner Gold Project in Queensland. The placement attracted support from both existing shareholders and new institutional investors, with management describing the raise as an endorsement of the company’s strategic reset announced in April, which repositioned Lightning as a gold-focused explorer while retaining exposure to copper opportunities. Chief executive officer Troy Brice said investor backing reflected confidence in the company’s decision to make Mt Turner its primary value driver and focus…

Growth & Income by Koto Amatsukami via Shutterstock With a market cap of $39.2 billion, Chipotle Mexican Grill, Inc. (CMG) is a fast-casual restaurant company that owns and operates Chipotle Mexican Grill restaurants. The company sells Mexican-inspired food and beverages, including burritos, burrito bowls, quesadillas, tacos, salads, kids’ meals, chips, and sides. Companies valued more than $10 billion are generally considered “large-cap” stocks, and Chipotle fits this criterion perfectly. Chipotle emphasizes responsibly sourced ingredients, offering meats such as chicken, beef, and pork under its “Responsibly Raised” brand, and provides digital ordering through its website, mobile app, and third-party delivery platforms.Shares of the…

Leading Legal 500 law firm Butcher & Barlow is strengthening its Commercial Property team with the appointment of Paula Hamer as a new solicitor at their Gadbrook office. Joining from Browne Jacobson, Paula will work alongside Senior Property Solicitor David Burrows, contributing her expertise to a diverse array of property transactions. The firm’s Commercial Property team caters to developers, landowners, investors, and housebuilders, handling matters such as site acquisitions, development agreements, and secured lending. Paula expressed enthusiasm about her new role saying “I am delighted to be joining Butcher & Barlow and to be working with such an experienced and…

Specialist buy-to-let lender, Molo, has reduced rates across its UK resident buy-to-let range, with reductions of up to 5bps on standard products and up to 10bps across HMO and MUFB offerings. Molo’s UK-resident buy-to-let rates now start from 3.05% for a two-year fix at 75% LTV, available to both individual and limited company borrowers. Five-year fixed rates start from 4.75%. Across the specialist range, HMO and MUFB pricing has also been reduced, with two-year fixes from 3.16% and five-year fixes from 4.84%. There remains no premium for larger properties (6+ rooms/units).  Rates for non-UK residents and expat borrowers…