Author: Jordan

Leek Building Society has expanded its intermediary range with the launch of a new five-year fixed rate buy-to-let product at 5.30%. Available up to 75% LTV with a £995 product fee, the mortgage is aimed at landlords with up to two other rental properties. Nikki Warren-Dean, head of intermediaries at Leek Building Society, said: “Landlords continue to face a changing market environment and many are looking for greater certainty over their mortgage costs. This new product gives brokers another competitive option for clients seeking longer-term stability, while benefiting from the personal service and flexible lending approach that Leek…

Retirement savers are about to face a barrage of unfamiliar investment vehicles that the financial industry is seeking to unleash upon them. Public officials, staff and consultants for governmental defined-contribution plans need to make sure that the delivery vehicle vendors are likely to pitch for them, known as a “collective investment trust” (CIT), is built to last.For decades, most of these public-sector 457, 403(b) and 401(a) plans have stocked their investment menus with Securities and Exchange Commission-registered mutual funds. Typically, those vehicles have focused their investments on diversified portfolios of market-traded stocks, bonds and exchange-traded instruments. Employee-participants have enjoyed daily…

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Lock Lane let an early 12-0 lead slip after having a player sent-off and two sin-binned in their National League Premier Division game at play-off hopefuls West Bowling.The relegation threatened Castleford side were 12-0 ahead courtesy of tries by Max Hope and Morgan Jones, with Morgan Punchard landing the first two of his four goals, but a series of subsequent cards proved to be costly as they ended up on the wrong side of a 34-24 result.Hakin Aydin was given a yellow card on 17 minutes for a late hit, shortly after Owen Simpson had opened Wests’ account and Harvey…

Leek Building Society has added a 5-year fixed rate buy-to-let mortgage to its intermediary range, priced at 5.30% and aimed at landlords seeking longer-term certainty over their borrowing costs. Available up to 75% LTV with a £995 product fee, the product targets landlords with up to two other rental properties who want to lock in a competitive rate over an extended term. “Landlords continue to face a changing market environment, and many are looking for greater certainty over their mortgage costs,” said Nikki Warren-Dean, head of intermediaries at Leek Building Society. “This new product gives brokers another competitive…

COLOMBO (News 1st) – The Committee on Public Finance is scheduled to meet at 3.00 p.m today.The meeting will be held at the Parliamentary Complex under the chairmanship of MP Harsha de Silva.Discussions will be focused on the alleged theft of US$2.5 million from the Treasury by cybercriminals.The Treasury is also scheduled to submit a report on the incident to the Committee on Public Finance today.The submission follows recommendations made during a previous meeting of the Committee.During the Committee’s meeting on the 30th of May, Treasury and Finance Ministry Secretary Harshana Suriyapperuma was summoned to provide statements regarding the incident.…

Direxion’s 3x leveraged South Korea fund plunges 42% in a day amid memory chip sector sell-offDirexion Daily MSCI South Korea Bull 3X Shares (KORU) dropped about 42% on June 5, 2026, driven by a 14% fall in the underlying MSCI Korea index, which is heavily weighted in memory chip makers Samsung Electronics and SK Hynix. The sell-off followed … Source link

Leek Building Society has added a five-year fixed rate buy-to-let mortgage to its intermediary range. The product is priced at 5.30% and is available up to 75% loan-to-value, with a £995 product fee. It is aimed at landlords with up to two other rental properties who want to fix their borrowing costs over a longer term. The society said the launch forms part of its work with brokers and landlord clients, with underwriting supported by what it described as a flexible and personal approach. Nikki Warren-Dean, head of intermediaries at Leek Building Society, said: “Landlords continue to face a changing…

Gold loans are set to stay in focus as secured lending expands in India’s retail credit market, according to Experian. Gold loan sourcing value more than doubled year on year to Rs 7.6 lakh crore in Q4 FY26, while AUM rose to Rs 11.9 lakh crore. Average ticket sizes increased to Rs 2.1 lakh. Business Updated: Wednesday, May 27, 2026, 20:21 [IST] Gold loans were expected to stay important for lenders in the near term, as demand and loan sizes kept rising. Experian said secured lending was taking a larger role in India’s retail credit market. The report linked the…

Benelux Platinum Temperature Probes Market 2026 Analysis and Forecast to 2035 Executive Summary Key Findings Procedural Volume Drives Demand: The Benelux market for Platinum Temperature Probes (PTPs) is expanding at an estimated 5% to 7% CAGR, fundamentally linked to a 2% to 4% annual increase in surgical and critical care procedures across the Netherlands, Belgium, and Luxembourg. Disposable Probes Dominate Volume: Disposable, single-use PTPs account for approximately 65% to 75% of total unit volume in the region, driven by stringent infection control protocols and perioperative hypothermia prevention mandates. Regulatory Pressure Reshapes Supply: EU Medical Device Regulation (MDR) 2017/745 re-certification costs…