Author: Jordan

Santander did the same yesterdayHSBC slashes rates across its residential and buy-to-let mortgage range(Image: PA)HSBC is the latest major high street lender to cut rates across its residential and buy-to-let mortgage range.They follow Santander yesterday which reduced selected fixed and tracker rates by up to 0.3%.For new applicants, Santander, which has branches across Birmingham and the West Midlands, will be reducing selected first-time buyer (FTB) and home mover fixed rates by up to 0.28%, while large loan home mover fixed rates will come down by up to 0.12%.READ MORE: Birmingham man turns up to court drunk and assaults security guard…

New Delhi [India], April 17: Akshaya Tritiya, long regarded as a symbol of prosperity and new beginnings, is increasingly becoming a defining moment for India’s real estate sector. What was once a day dominated by traditional gold purchases is now witnessing a clear shift, with homebuyers aligning festive sentiment with long-term investment decisions. For developers across Mumbai, the occasion has evolved into a critical inflection point—where aspiration, timing, and confidence converge to drive actual conversions.Luxury Segment Sees Strong Festive Alignment“Akshaya Tritiya holds a strong cultural significance as a time associated with prosperity and new beginnings. This is a sentiment that…

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MUMBAI: ICICI Direct said the Nifty has reached ‘price- and time-wise maturity’ after remaining a laggard for the past 18 months. This points to a durable bottom and sets the stage for the next leg of the bull market, said the brokerage.ICICI Direct cut its FY27 Nifty target to 28,800, implying an upside of over 18% from Friday’s close of 24,353.55. “Historically, bull market major corrections have typically bottomed out near 17% while finding strong support in the vicinity of the 200-week EMA and served as a foundation for a median 30% rally over the following nine to twelve months,”…

The Confederation of Indian Industry (CII) has lauded the Punjab Government’s announcement providing significant relief to industry and trade through a major reduction in stamp duty and registration fees on equitable mortgages.The move, which includes a single 0.25% stamp duty on the total loan amount (capped at Rs 5 lakh) and a sharp reduction in registration fee on equitable mortgage from Rs 1,00,000 to Rs 1,000, is being hailed as a landmark step towards improving ease of doing business in Punjab.The measure is expected to benefit over 14 lakh MSMEs across the state, providing a substantial boost to credit access,…

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value products, reflecting continued landlord demand for lower leverage borrowing. The lender has launched a limited edition range of fixed rate products available over two- and five-year terms, covering both single self-contained properties and more complex assets including houses in multiple occupation and multi-unit blocks. In total, the range includes six products for single self-contained properties and three for HMOs and MUBs, with pricing starting from 4.35% for green mortgages on properties with EPC ratings between A and C. Rates increase by 5bps for properties with lower…

Digital innovation drives modern waqf into more inclusive & sustainable source of social financing. JAKARTA — Innovation and digitalisation are seen as key factors in expanding the role of waqf as a source of social financing with broad and sustainable impact. Through the use of technology, waqf is no longer limited to physical assets, but has evolved into cash waqf and innovative sharia financial products. Deputy Secretary of the Indonesian Waqf Board (BWI), Emmy Hamidiyah, said digital platforms enable more inclusive public participation in waqf management. “Digital waqf platforms now allow individuals around the world to participate through small but…

On March 31, 2026, the Department of Labor (DOL) published a proposed regulation (the Proposed Regulation) creating a new safe harbor for Employee Retirement Income Security Act of 1974 (ERISA) named fiduciaries such as a retirement plan investment committee to meet its duty of prudence in selecting designated investment alternatives (DIAs, and each, a DIA) in participant-directed retirement plans, such as 401(k) and 403(b) plans. The proposal implements Section 3(c) of Executive Order 14330, Democratizing Access to Alternate Assets for 401(k) Investors (Aug. 2025) (the Executive Order), which directed the DOL and the Securities and Exchange Commission to revisit guidance relating to…

Family Building Society has launched a range of reduced-price fixed-rate products and reintroduced its lower loan-to-value (LTV) price tier products across the owner-occupier range. The lender has also reduced its 2- and 5-year fixed-rate buy-to-let (BTL) range by 25bps and 15bps respectively. In addition, Family Building Society has reduced fixed rates for existing customers seeking product switches and further advances. Owner-occupier 2-year capital and interest products, as well as core 2- and 5-year interest-only products, have been reduced. Buy-to-let products have also been cut by up to 25bps. Darren Deacon, head of intermediary sales at Family Building Society, said: “Although…

ALTERNATIVE investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process.Allocations to catastrophe bonds and other insurance-linked securities (ILS) popular among hedge funds and institutional investors rose 18% to reach a record US$136bil last year, according to data provided by broker Aon Plc. Source link