UBS to Keep Credit Suisse’s Swiss Business, Retire Its Brand

[ad_1] UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system.…

UK Landlords Move Homes to Company Structure in Bid to Cut Costs

[ad_1] A record number of buy-to-let firms were established in the UK last year as landlords sought to cut costs by shifting rentals into a corporate structure. Over 50,000 limited…

Home prices are surging – and Detroit gained the most in November, beating Miami for the first time

[ad_1] A for sale sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster…

Mortgages: Barclays and Santander cut rates as competition intensifies

[ad_1] The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it.…

Mortgage rate decline pulls buyers back into the housing market

[ad_1] A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were…

November pending home sales were unchanged, despite a sharp drop in mortgage rates

[ad_1] Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors. The reading, which is…

PenCom approves N7.89b for contributors’ residential mortgages

[ad_1] The National Pension Commission (PenCom) has approved a total of N7.89 billion to 649 contributory pension scheme (CPS) contributors seeking residential mortgages in the country. This was revealed by…

October home prices post biggest gain of 2023, despite higher mortgage rates, says S&P Case-Shiller

[ad_1] A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in San Anselmo, California. According to a report by the National Association…

Happy holidays from Insurance Business UK

[ad_1] Happy holidays from Insurance Business UK | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any…

Sweden Housing Shortage to Worsen on Construction Slump

[ad_1] A sharp slowdown in residential construction in Sweden over the past two years threatens to worsen a housing shortage in the biggest Nordic country. An indicator of housing starts…