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Average landlord gross rental yields in the UK reached 7.02% in the second quarter of 2026, according to data from Paragon Bank, with houses in multiple occupation (HMOs) leading the growth. The figures, based on Paragon’s lending portfolio, show an increase from 6.96% in the first quarter of 2026 and represent the final quarterly data […]
Anti-money laundering requirements for ‘source of wealth’ checks are consuming up to 25% of conveyancing lawyers’ time, according to Peter Ambrose, owner of The Partnership and Legalito, who has identified this as a primary cause of property transaction delays. The checks, which differ from simpler ‘source of funds’ verification, require lawyers to scrutinise financial documentation […]
The Federal Housing Administration has proposed an alternative program for bringing past-due borrowers current, as payment stress continues to build across FHA portfolios. A draft mortgagee letter published Monday details the Reinstatement Advance Payment (RAP) method, which would eliminate the registration of subordinate liens on new FHA partial claims, loan modifications and payment supplements for […]
Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations.
American Dream Auto Protect isn’t one of our top extended car warranty picks. The company offers fairly priced extended car warranties compared to other providers, but we had trouble getting key information about its coverage. American Dream’s monthly and per-mile costs are on the low side compared to the other companies we reviewed, and the […]
Uber Co-Founder Travis Kalanick’s company Atoms raised $1.7 billion to develop physical artificial intelligence (AI) for all the major industrial sectors. “Mining, construction, heavy transport, food production are just a few examples of atoms-heavy industries awaiting massive digital transformation,” Kalanick said in an announcement on the company’s website. “Multiple trillion-dollar industries rapidly transforming over the next decade powering […]
Cotton futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index down 0.061. The NOAA 7-day QPF shows very limited precipitation across much of TX and the southeast for the next week. Don’t Miss a Day: From crude […]
Southwest Airlines Boeing 737 airplanes at Hobby Airport during an afternoon rainstorm in Houston, Texas, May 27, 2026. Kevin Carter | Getty Images News | Getty Images Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab, but its […]
Andy Burnham’s council housebuilding programme faces significant delivery challenges due to insufficient publicly owned land in areas with the greatest housing need, according to analysis by specialist lender Together. Research using data from property platform Searchland found that publicly owned brownfield land in England has capacity for between 187,000 and 207,000 homes, falling short of […]