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Latest News
FSA indefinitely delays individual registration for mortgage brokers
The Financial Services Authority has indefinitely delayed its plans to introduce individual registration for mortgage brokers.
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AMI separates from AIFA
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Barclays boosts mortgage lending in 2011
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Paymentcare offers enhanced commission for transferred policies
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Manor Mortgages adds Precise Mortgages to panel
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HML appoints permanent CEO
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Abbey increases rates and slashes maximum loan for offset
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MPC votes for more QE
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Stamp Duty rush boosts January valuations
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Hinckley & Rugby doubles mortgage lending in 2011
Mortgage Mole
The Mortgage Mole
Fees Faff The press office at the Financial Services Authority made a faux pas last week when deputy editor Natalie Thomas telephoned to ask about its funding requirement for 2012/13.
Top of the league
Top of the League
Top Of The League - the competition that seeks to reward the best talent in the broker market - has returned for another season. Launched by Woolwich mortgages from Barclays in 2010, the aim is to offer intermediaries an opportunity to scoop fantastic prizes, such as the Barclays Premier League Player Of The Month trophy. But this season has an exciting twist. Working with Barclays and last season’s judges, who have signed on for another year, the competition will concentrate on networks ...
Blogs
MS Leader: Rent-back breathes its last
The Financial Services Authority effectively gave last rites to the sale-and-rent-back market last week with its pronouncement that the market has shut its doors.
FTB figures show remarkable resilience
Welcome to 2012 and my first article of the year. This time I thought I’d have a look at some topics that have already caught my eye. Probably the biggest and most significant piece of news to affect the industry recently is Halifax’s decision to move the LTV for certain developers on new-build houses to 90%. The move is a major breakthrough for mortgage customers, brokers and developers.
New levy will scare off home builders
Just when you thought the chances of us building more houses in the near future was getting better - what with a raft of government initiatives from the New Homes Bonus to the National Planning Policy Framework - things have taken a turn for the worse.
Closure of this profitable lender is surreal
On this side of the Atlantic where 30-year fixed rate mortgages can still be had at less than 4%, Charlie Brown, Snoopy and the rest of the gang from the classic cartoon strip Peanuts, have given residential lending the boot.
Don't be so fast to let technology take over
Chances are that you’re from the final generation on the planet that will remember the world before the internet.
Interest charges may cost your clients dear
Something all brokers should watch out for is the way in which bridging lenders calculate interest charges.















