Mortgage Strategy
10 October 2011
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Hanley offers its high LTV deals through brokers
10 October 2011
Hanley Economic Building Society has widened the distribution of its 90% LTV and 95% LTV mortgages to its six intermediary partners.
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60 Seconds With...
10 October 2011
Roger Morris, Sales Director, Precise Mortgages
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Abu Dhabi bank plans November launch into UK
10 October 2011
The Abu Dhabi Islamic Bank is to open its first UK branch in November at the One Hyde Park development in London and says it has plans to offer mortgages in the future.
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Adjust to a new world of buy-to-let, low transactions and equity release
10 October 2011
Lenders must adapt to the UK’s changing housing tenure and broaden their product offering beyond traditional mortgages, according to Yolande Barnes, director at Savills Research.
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Average two-year fixed rate drops to a new low with Leeds' product
10 October 2011
The average two-year fixed rate has fallen to a record low of 3.82% following the launch of a 1.99% deal by Leeds Building Society last week.
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B2L will not come under EU regulation, says CML
10 October 2011
The Council of Mortgage Lenders says amendments being added to the European Commission’s mortgage directive would exempt buy-to-let.The amendments, which the trade body has seen, have not yet been made public.
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Banks aren't lending we think this, so does King
10 October 2011
Reader’s opinons
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Banks put brave face on downgrade by Moody's
10 October 2011
Lloyds TSB has shrugged off its ratings downgrade by Moody’s.
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Barclays sets sights on conquering buy-to-let
10 October 2011
Barclays has revealed plans to quadruple its buy-to-let lending next year.
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Break the habit and try a different club
10 October 2011
It has occurred to me when talking to brokers over the last few weeks that we don’t always do ourselves what we tell our clients to do.
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Caption Competition
10 October 2011
Tiuta chief executive Steven Nicholas hands over a brand new mini to competition winner Paul McGonigle, managing director of Positive Lending
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Caption Competition: Last Week's Winner
10 October 2011
RICHARD DEACON, MASTHAVEN BRIDGING FINANCE
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Equity release sector leads from the front
10 October 2011
These days it’s rare to read articles about equity release which talk about the flawed schemes that existed in the late 1980s.
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European crisis is not a hiccup, it's a new world order
10 October 2011
Following a catastrophic few weeks on the global stock markets the European Union has prepared yet another rescue package for Greece, and possibly Portugal, Ireland, Spain and Italy, to fend off what might become a double-dip recession.
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Eurozone crisis will keep lending depressed in UK for years to come
10 October 2011
The eurozone crisis will exacerbate UK market conditions and keep lending low for the next few years, industry commentators believe.
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Even a little cover is better than nothing
10 October 2011
As fears of a double-dip recession hit the headlines, consumers have more reasons to make savings in their everyday expenditure.
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Even family plans are being thwarted by housing crisis
10 October 2011
A restricted supply of family-sized rental homes is posing a threat to the birth rate, says Yolande Barnes, director at Savills Research.
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Government policy is squeezing lenders
10 October 2011
I have re-entered this industry at a frenetic time and I can tell it is going to be a demanding autumn.
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Home builders reject call to help shoulder lending risk
10 October 2011
Lloyds Banking Group has been criticised for attempting to shrug off its responsibility to lend at high LTVs.
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Industry slams MEP's proposal to give FTBs a brochure on buying
10 October 2011
The mortgage industry has dismissed an MEP’s call for advisers to provide first-time buyers with explanatory brochures as unnecessary.
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Invective against reform misses the point
10 October 2011
The ongoing controversy over the government’s proposed reforms to the planning regime have created something that even in the fraught world of land use and housing can probably best be described as an unprecedented level of rhetoric and invective.
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It's time someone was honest about survey business
10 October 2011
A few weeks ago I attended a round table discussion organised by Mortgage Strategy and one of the issues on the agenda was how to get more people to have a survey when they buy property.
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Lenders get proactive as end of year looms
10 October 2011
As 2012 looms on the horizon end-of-year mortgage targets appear to be focussing the minds of lenders.
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Lenders urged to increase loans as government kick-starts QE2
10 October 2011
The Bank of England’s decision to inject a further £75bn into its quantitative easing programme could bolster the mortgage market, industry commentators believe.Last week the Monetary Policy Committee boosted its QE programme to £275bn and kept interest rates on hold at 0.5%.
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Marketwatch
10 October 2011
EU policy makers have changed their tune on lender advice and it’s a shame plans have been dropped for them to explain rejections. And it’s good to see brokers and IFAs work alongside to service clients’ needs
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More lenders have to back self-build for sector to grow
10 October 2011
The self-build industry is suffering from a lack of mortgage finance and needs the support of more lenders to grow, according to the chief executive officer of BuildStore Financial Services.
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MS leader: Changing world needs clarity
10 October 2011
With Bank of England governor Mervyn King warning that the country is facing the worst financial crisis in history and persistent talk of a double-dip recession, the financial press has not made for enjoyable bedtime reading of late.
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New shadow housing minister appointed
11 Oct 2011
Labour MP Jack Dromey has been appointed shadow housing minister to replace Alison Seabeck.
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RBS to launch £3.5bn securitisation
11 Oct 2011
Royal Bank of Scotland is to launch a £3.5bn residential mortgage-backed securitisation.
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Regulation is hindering innovation that will help FTBs
10 October 2011
Onerous regulation is stifling innovation and preventing lenders from finding solutions for first-time buyers, a senior manager at Nationwide has claimed.
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Repossessions data puts focus on MPPI
10 October 2011
The Building Societies Association’s report on repossessions has certainly got the market talking.
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SpicerHaart caught out again as ASA bans its advert
10 October 2011
The Advertising Standards Authority has banned another advertisement from SpicerHaart Group, trading as Darlows.
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Take on the bad press to revive business
10 October 2011
On my travels around the country for industry events and First Complete seminars, I hear a lot of people bemoaning stories in the press which they feel are damaging their business. Headlines such as ’Is this the worst time to get a foot on the property ladder?’ and ’Rate rise will cripple families’ are two examples that have appeared in the national press recently.
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Technology makes brokers' lives easier
10 October 2011
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Tesco to wait until next year to join mortgage market
10 October 2011
Tesco has confirmed that its launch into the mortgage market has been delayed until early 2012.
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The Mortgage Mole
10 October 2011
Getting personal At the launch of Personal Touch Financial Services’ new risk profiler system last week, deputy editor Natalie Thomas was let into more of the network’s secrets than she had bargained for.
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The Way I See It
10 October 2011
Sir Alan Sugar isn’t one to mince his words and in The Way I See It he lets rip on subjects as varied as claims firms and Twitter.
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Tread carefully
10 October 2011
As the trend for renting gathers pace, buy-to-let is again becoming an attractive proposition. But this could turn into a double-edged sword, as the memories of lax lending and fraud in the boom times still haunt the industry
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We must help restore consumer confidence
10 October 2011
Research from the Intermediary Mortgage Lenders Association suggests that a third of brokers believe business levels will increase in Q4.
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Week in NUMBERS
10 October 2011
3 The number of times Prime Minister David Cameron mentioned housing in his 50-minute speech to the Conservative party conference in Manchester last week.
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Which? rolls out free mortgage advice to general public
24 Nov 2011
Consumer champion aims to become one of the biggest mortgage advice firms in the UK.
