In Mortgage Strategy’s new quarterly survey, a panel of brokers and networks rank the biggest lenders over the last three months. Do you agree with our panel?
Down-valuations are often a source of much frustration for brokers and their clients, but e’surv’s Richard Sexton tells how the proportion of properties down-valued is shrinking and shows brokers how they can avoid frustration and disappointment.
Poor service levels and arduous lending criteria were rife during the early weeks of the MMR but brokers say growing approvals show the “teething problems” are finally easing off.
The CML revises up its 2014 and 2015 forecast but says lending will grow at a more “sedate pace” next year as momentum is hit by “affordability pressure”.
Lower securitisation costs will likely attract new lenders to the mortgage market, explains Steve Rogers, director of securitisation services at HML.
There is no let-up in the demand for refurbishment finance, and lender competition is forcing down the price of bridging loans
Depending on your view, the US Federal Reserve may just have played the most important role of all in the global financial crisis.