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Latest News
HSBC to allow all Law Society accredited solicitors on conveyancing panel
HSBC will now allow all solicitors accredited with the Law Society’s Conveyancing Quality Scheme home-buying quality mark, around 1,400 firms, to act for HSBC as well as its mortgage customers.
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Mortgage27 secures investment from Verso Capital Partners
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More 2 Life cuts standard rates from 6.99% to 6.25%
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UK unemployment falls by 45,000
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CML expects drop in lending after Stamp Duty holiday surge in March
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Mortgage Intelligence opts out of Santander’s fast-track facility
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Legal & General Network exits Santander’s fast-track facility
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MEPs struggle to agree as European mortgage directive delayed for fifth time
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One in 10 new homes in the UK are self-built
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SHIP launches fraud working group
Caption Competition
Former chancellor Alistair Darling addresses the Building Societies Association conference in Manchester last week
Mortgage Mole
The Mortgage Mole
Martial moves Last week the Huffington Post ran a story on London landlords evicting tenants so they can let out the properties for inflated prices during the Olympics.
Top of the league
Top of the League - April
This month’s winner is Phillip Streets, Owner, Independent Mortgage Advice Bureau
Blogs
King takes hatchet to growth forecast
Mervyn King, governor of the Bank of England, today announced we are in turbulent waters and that the UK faces a potentially violent storm coming in from the continent.
Avelo/TrigoldCrystal deal is a valuable market shake-up
Today’s deal raises major challenges for their competitors.
MS Leader: Market woes fall on deaf ears
With the Stamp Duty holiday dead and buried, the country in recession and the dark cloud emanating from Europe getting bigger on a daily basis, the gloomy housing figures for April published last week were hardly a surprise.
Get the remortgage message to clients
A headline in the April 30 issue of Mortgage Strategy - ’Return to recession is no surprise and is unlikely to unnerve lenders’ - was a timely reminder of how robust our lending environment is and that it will cope with adversity.
Leave will writing to the professionals
The Legal Services Board has spent the past nine months examining will writing and estate planning amid concerns that clients could be at risk of fraud, poor service and failure to deliver redress if things go wrong.
Application delays annoy brokers most
During my latest round of member visits I asked intermediaries what is frustrating them in the market and how we, as their mortgage club, can help.
