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Skipton International has introduced limited company lending for expat and international property investors buying or refinancing a buy-to-let (BTL) property in the UK. The proposition will be available through intermediaries and builds on the lender’s existing UK BTL range for expat and international borrowers. It will be offered with access to dedicated mortgage specialists and a personal approach service…
Investors are expressing more concern about slipping credit quality in the non-agency market, particularly due to how the loan packages are being handled. Processing Content Performance of non-QM mortgages has declined on a month-to-month basis on loans tracked by dv01, a unit of Fitch Ratings. The primary market is delivering incomplete loan files to the…
Hotels and restaurants cannot levy a service charge on your bill without informing you, nor can they treat it as a mandatory payment. “The Central Consumer Protection Authority (CCPA) has initiated suo motu action against 41 restaurants across the country for violation of consumer rights and adoption of unfair trade practices by levying a service…
Oil Spill from Grounded Tanker in Oman Spreads Over 400 sq km, Threatens Nature Reserve Major Oil Spill Incident and Environmental Impact in Oman By Menna AlaaElDin, Jonathan Saul and Kate Abnett Discovery and Scale of the Oil Spill Aug 10 (Reuters) – Leaking crude oil from a tanker grounded off a nature reserve in…
For NRIs and other international investors, the platform provides access to Indian markets. Credit: Alicia97/ Shutterstock.com. Lighthouse Canton has launched Global Indian, a wealth management platform targeted at non-resident Indians and overseas investors. The new platform brings together reporting across jurisdictions, cross-border wealth structuring and a single advisory relationship covering both offshore and India-based holdings,…
Data showed significant price gaps between the UK’s most expensive postcodes and their immediate neighbours, with implications for advisers helping clients widen their search. Research from Lloyds has revealed how much less buyers could pay by purchasing in a postcode that neighbours the UK’s most sought-after locations. Homes in postcodes bordering the UK’s priciest…