Mortgage Strategy
5 September 2011
-
60 Seconds with...Andy Lees
5 September 2011
Head of Sales, Paragon
-
Cambridge offers large loan deal up to £2m at 75% LTV
5 September 2011
Cambridge Building Society has launched a mortgage aimed at those seeking loans between £500,000 and £2m.
-
CAN YOU HAVE A POP TO WIN THIS BOTTLE OF MIGHTY FINE CHAMPAGNE?
5 September 2011
-
Claims Standards Council slams founders of rival trade association
5 September 2011
The Claims Standards Council has hit out at new rival The Association of Professional Claims Managers, accusing its founders of having a vested interest.
-
CML broker sales data is called into question
5 September 2011
RAY BOULGER - DEFINITION IS MISLEADING
-
Compensation payouts hit £65m in June as High Court ruling kicked in
5 September 2011
MARGARET COLE, FIRMS CLEARING PPI BACKLOGS
-
Countrywide names conveyancing director
5 September 2011
Countrywide has appointed Parveen Kumari as associate director of conveyancing services. Kumari joins from London & European where she was group sales manager.
-
Direct approach
5 September 2011
HSBC’s head of lending Martijn Van der Heijden insists dealing directly with customers instead of using brokers is the best way to get the volume it wants, but he’s keeping an open mind
-
Dragonfly takes Maslow Capital under its wings
5 September 2011
Dragonfly Property Finance has acquired specialist mezzanine lender Maslow Capital.
-
Elderly locked out of market as Leeds pulls its 80-plus mortgages
5 September 2011
Mortgages for people over 80 have become extinct following Leeds Building Society’s decision to stop lending to 85 year olds last week.Leeds was the last lender to offer mortgages to those aged 85 but it has now reduced its age limit to 80, with the maximum age at application set at 70.If the loan term extends into retirement, an additional affordability assessment may be required, based on expected retirement income.The society is offering a specialist ...
-
Ensure it is always business as usual
5 September 2011
SOPHIE HALL, DEVELOPMENT DIRECTOR, INTELLIFLO
-
EU directive could force HSBC to go all advised
5 September 2011
VAN DER HEIJDEN - PROPOSALS CAUSE WORRY
-
Family savings deal to help FTBs
5 September 2011
Principality Building Society has launched a direct-only 95% LTV mortgage for first-time buyers.The assisted first-time buyer product allows family members to use their savings to secure the mortgage of their first-time buyer child or relative.The deposit, which has to be a minimum of 5% from the would-be buyer, when combined with the family savings must total 25% of the property value.Principality will take a legal charge over the savings account, ...
-
FSA's lack of regulation has failed the industry
5 September 2011
STAR LETTER
-
GE offers first-time buyer deals starting at 4.49%
5 September 2011
GE Money Home Lending has launched a range of mortgage products aimed at first-time buyers. Rates start at 4.49% for a two-year discount product. It has a maximum LTV of 75% depending on credit score and a completion fee of between £1,295 and £1,995.
-
Growth forecast for UK cut by 0.2%
5 September 2011
The British Chambers of Commerce has cut its growth forecasts for the UK economy for both 2011 and 2012.In its latest quarterly economic forecast, the BCC predicts the economy will increase by 1.1% in 2011, revised down from 1.3%, and forecasts growth of 2.1% for 2012, down from a previous estimate of 2.2%.The BCC says growth will be modest during the coming quarters, estimated at 0.3% in Q3 2011, 0.5% in Q4 2011 and 0.6% in Q1 2012.It says unemployment ...
-
HML residential servicer ratings move up a notch
5 September 2011
Fitch Ratings has upgraded HML’s residential mortgage special servicer rating to RSS2from RSS3+.
-
Homes shortage to push prices up 21.3%, says NHF
5 September 2011
A chronic under-supply of homes is plunging the housing market into crisis, the National Housing Federation has warned.An NHF study predicts home ownership in England will fall to 63.8% during the next decade the lowest level since the mid-1980s.It says a scarcity of properties will result in steep price rises in the private rental sector, huge social housing waiting lists and a housing price boom.NHF forecasts the average house price in England will ...
-
Last chance to make the most out of 2011
5 September 2011
ALAN CLEARY, MANAGING DIRECTOR, PRECISE MORTGAGES
-
LAST WEEK’S WINNER
5 September 2011
STEVE DAVIDSON“I was 21 when I started.”
-
Lenders are keen to use HMRC's anti-fraud tool
5 September 2011
CHARLES HARESNAPE - SCHEME WILL BE USEFUL
-
Market picture stable despite August's 0.6% wobble
5 September 2011
PAUL HUNT - REALITY IS LESS GLOOMY
-
Marketwatch
5 September 2011
Top marks to GE Money Home Lending for offering a helping hand to first-time buyers and while Chelsea’s 10-year fix might provide stability, a word of warning is needed on likely ERCs
-
Media Spotlight: Click
5 September 2011
By Ori and Rom Brafman
-
MS Leader: UKAR’s voice of reason
5 September 2011
The reaction in the national press last week to the news that government-owned Northern Rock Asset Management and Bradford & Bingley is offering advice to borrowers who may be facing repossession was staggering.
-
Nationwide changes policy on shared equity loans
5 September 2011
Nationwide will no longer lend on an interest-only basis for shared equity mortgages as part changes to its shared equity criteria.
-
Nationwide cuts five-year fix for new business
5 September 2011
Nationwide is reducing all five-year fixed rates by 0.1% for new applications. It is now offering a five-year fixed rate at 3.69% up to 70% LTV, with a £900 product fee and a £99 booking fee for house purchase and remortgage customers.
-
Northern Rock and B&B clients face payment scrutiny
5 September 2011
Some 30,000 Northern Rock Asset Management and Bradford & Bingley mortgage customers are being contacted by the lenders’ holding company, UK Asset Resolution, to warn them they may be at risk of repossession.
-
OneSavings Bank blames adverse economy for pre-tax loss of £8.4m
5 September 2011
OneSavings Bank, which trades as Kent Reliance Provident Society, has reported a pre-tax loss of £8.4m for the first half of 2011.
-
Payment problems need timely advice
5 September 2011
COLETTE BEST, MORTGAGE POLICY ADVISER, BUILDING SOCIETIES ASSOCIATION
-
Revising planning process will be a hard balancing act
5 September 2011
The proposed simplification to planning policies could lead to a tussle between localism and national growth
-
Stop passing buck, start fighting fraud
5 September 2011
ROB MCCOY, PRODUCT AND COMMUNICATIONS MANAGER, PMS
-
Temporary pods may have lasting effect on London
5 September 2011
Prefab pods being put up by one council are claimed to be a stopgap measure but I bet they will still be there in 10 years
-
The Mortgage Mole
5 September 2011
DIGGING THE DIRT IN THE MORTGAGE WORLD…
-
This month's decision: hold
5 September 2011
Mortgage Strategy’s shadow Monetary Policy Committee reckons that with fears of a double dip recession, the eurozone crisis and high inflation, raising interest rates is not an option this month
-
TrigoldCrystal loses out as L&G and MAB switch to other systems
5 September 2011
MARTIN COLYER - BUSINESS IS NOT AFFECTED
