She was ready to buy her dream condo — but discovered the HOA had just 1% in cash reserves
You may be able to choose your house or condo, but you can’t always choose your homeowners association.
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Lender completes £2.4m refinance on 55-unit block
Specialist lender Rely has completed a £2.4 million multi-unit freehold block (MUFB) remortgage for a portfolio landlord in Northumberland, secured against a 55-unit residential property valued at £3.2 million. The transaction involved refinancing a fully refurbished residential block held on a single freehold title. The borrower, described as an experienced portfolio landlord with existing relationships…
Landlords Are Offering Major Concessions in These Markets
While homebuyers struggled with mounting borrowing costs this summer, renters found relief as landlords offered concessions to fill vacant units. In August, the average share of rental listings on Realtor.com® offering perks—from waived application fees to rent credits and rent-free months—reached 43.5% across the 50 largest U.S. metros, up from 40.4% a year ago, according…
Santander pushes prices up, Vida withdraws new business and PT products – Mortgage Strategy
Santander will increase most fixed rates and selected tracker rates across its new business range. In addition, Santander is increasing some residential fixed rates in its product transfer range. The increases will come into effect on 29 July. Santander confirmed there will be no changes to tracker rates in its remortgage and product transfer ranges,…
Seven & i shares up 3% on reported stake talks with Poland’s Zabka
A 7-Eleven convenience store’s front is pictured in Los Angeles, California, November 20, 2024. Etienne Laurent | Afp | Getty Images Seven & i Holdings Co. shares gained over 3% Friday after a Nikkei report said the 7-Eleven parent was nearing a deal to buy a stake in Polish convenience giant Zabka Group. The potential…
Don’t Want Your Social Security Benefits Cut? Then Don’t Do This.
Key Points If you’ve been reading about Social Security in the news, you may be aware that the program’s finances aren’t in such great shape. In fact, Social Security faces a 22% benefit cut if Congress doesn’t implement changes to prevent it. Of course, staving off Social Security cuts is easier said than done. The…
