Mortgage Strategy’s deputy editor, Paul Thomas, argues the mortgage market is ready to stand on its own without the support of the FLS. But warnings of mortgage rate increases are beginning to emerge.
Home Funding chief executive Tony Ward says the market should take confidence in the Bank of England’s decision to scrap the Funding for Lending Scheme for mortgages. The time is right to wean the market off FLS.
Do brokers believe they need a consumer credit licence? Trade body AMI is lobbying hard on brokers’ behalf.
Former EDL leader and founder Tommy Robinson admits to two accounts of conspiring to obtain a mortgage by misrepresentation and will be sentenced next month.
The Victorian economist, Alfred Marshall, once said: “We might as well reasonably dispute whether it is the upper or under blade of a pair of scissors that cuts a piece of paper”
All of the data points to a steadily recovering mortgage market.
With a property services index showing rents in England and Wales at a £757-a-month high in September, 2014 looks positive for the sector
Shadow MPC download
After an incredible year that will see gross mortgage lending likely to finish at £170bn, up 15 per cent on 2012, we should recognise key changes to come and plan for them
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”I believe it will reach the heights predicted, but won’t happen overnight or on its own”
At the Financial Business Expo in October this year, Dragons’ Den star Duncan Bannatyne was on hand promoting his new book Riding the Storm.