Your Daily Real Estate Intelligence

<p>A majority of shareholders backed the removal of five directors, including interim CEO Daniel Lewis, with Better finalizing his successor </p>

<p>Bipartisan Build America Caucus sketches housing reform targeting zoning, building material costs and inefficient financing barriers</p>

<p>Dennis succeeds Patrick Bain, who is stepping down after 16 years with the company</p>

<p>Anil Hinduja’s employment with Freddie Mac ended Oct. 1 </p>

<p>Specialist lender Rely has approved a £160,000 buy-to-let mortgage for a first-time landlord purchasing an £865,000 London property, after the application was rejected by another lender. The loan represents a 20% loan-to-value ratio on a property near London Bridge generating £2,000 monthly renta...

<p>A developer has secured a £1.9m refurbishment bridging loan from Aspen Bridging to convert a Grade I listed office building in Bath city centre into five residential apartments. The financing structure includes an initial advance of £800,000 at 80% loan-to-value, with the remaining £1.1m released...

<p>Guildcrest Estates has acquired Frederick &#038; Co Property Services, a Thanet-based lettings business, adding approximately 150 managed properties to its portfolio across Kent. The transaction forms part of the independent estate agency's expansion strategy as it grows its property management d...

<p>Rightmove has partnered with property industry commentator Silvia Eldawi to launch a podcast series aimed at estate agents across the UK. The podcast features 40 episodes with 10 agency leaders covering topics including sales progression, technology and customer experience.</p> <p>The post <a hre...

<p>Properties must be listed by 16th October to have a realistic chance of securing a sale agreement before Christmas, according to new analysis of UK housing market data. Research shows the current average time from listing to agreed offer stands at 68 days, representing a 10-day increase compared ...

<p>Jensen offers her thoughts on the 2% upfront mortgage insurance premium, second appraisals and retirement planning use cases</p>

<p>Realtor.com report suggests move-up buyers will see more options and potentially softer prices, but first-time buyers will remain constrained by limited entry-level stock</p>

<p>Policymakers can lower frictions, but only new starter-home production changes the math </p>

<p>Quarterly testing can miss drift, lenders need continuous fair lending visibility </p>

<p>The move follows FHFA and HUD guidance that opened conventional and FHA lending to competing credit score models </p>

<p>He joined after the August close that created Real REMAX Group, with both brands keeping separate identities</p>

<p>Payments are expected to be distributed in early October</p>

<p>A Habitat for Humanity survey across 22 countries found that 75% of individuals say they cut expenses in the cost-of-living crisis</p>

<p>The round doubles its prior valuation and brings in new investor Ribbit Capital </p>

<p>Companies cite share price valuations; Neighborhood keeps tZERO and other digital asset holdings</p>

<p>Shadow Housing Secretary Katie Lam has outlined proposals to abolish Stamp Duty and scrap the Future Homes Standard, alongside plans to reduce new-build housing costs by up to £50,000. The measures were announced at the Conservative Party annual conference.</p> <p>The post <a href="https://www.pr...