Mortgage Strategy
07 December 2009
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2010 Is likely to be a year of hard graft
07 December 2009
Alan Cleary managing director Exact
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60 Seconds with.....Guy Batchelor
07 December 2009
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A ruling in favour of common sense
07 December 2009
Eddie Goldsmith senior partner Goldsmith Williams
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Accounts reveal losses of £8.4m for Enterprise
07 December 2009
Enterprise Group’s latest accounts show it made an £8.4m loss in the year to March 31 2008.
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Annus horribilis
07 December 2009
As the chancellor prepares to deliver his Pre-Budget Report this week, we look back at a year that has changed the mortgage market beyond recognition
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Banks deserved to win overdraft fight
07 December 2009
Peter Mounty director Communiation Plus UK
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Beware of networks promising to have you trading quickly
07 December 2009
In his letter last week headlined ‘Fraud has boomed as networks have relaxed standards’, Westcliff Financial’s Jim Thompson states that networks’ standards have fallen with regard to the compliance checks they undertake for fraud.
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Boosting consumer trust in cover deals
07 December 2009
Iain Mallon director of protection marketing Axa
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Broker brands' fate unclear after Yorkshire and Chelsea merger
07 December 2009
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BSA falling short in fight to save mutuals
07 December 2009
The Mutual Crusader
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Buy-to-let should not be treated like residential loans
07 December 2009
I was interested to read the article ‘Clarity is required on B2L regulation’ by Bob Young, managing director of Capital Home Loans, in the November 30 issue of Mortgage Strategy.
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CAN YOU HAVE A POP TO WIN THIS POSH ROLLERBALL PEN?
07 December 2009
Leeds Building Society CEO Ian Ward starts the rugby world record attempt for most passes in 10 minutes with Ronnie the Rhino, the Leeds Rhinos mascot
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Fight against fraud continues with FSA banning another two brokers
07 December 2009
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First Direct launches a lifetime tracker at 2.58%
07 December 2009
First Direct has launched what it says is the UK’s lowest lifetime tracker at 2.58%. The offset tracker from the HSBC subsidiary tracks 2.08% above the Bank of England base rate.
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FSA must register individual brokers to eliminate fraud
07 December 2009
Regarding the story on Mortgage Strategy Online last week that several arrests had been made in a big mortgage fraud case, I think the FSA should individually register every broker whether they are in a directly authorised firm or hiding in a network.
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FSA should report mortgage fraud cases to the police
07 December 2009
I was interested to read the story last week headlined ‘Several arrests in major mortgage fraud’ (Mortgage Strategy Online).
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Government wants the Post Office to become a major financial player
07 December 2009
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Hang on to your medallions
07 December 2009
Gold has shot up in value recently. Indeed, it’s been hard not to notice the number of gold-buying brokers and companies that seem to have sprung up from nowhere.
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Have you got The M Factor? Show off your talent at MS awards night
07 December 2009
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House purchase approvals climb
07 December 2009
Mortgage approvals for house purchase continued their steady climb in October rising to 57,345, figures from the Bank of England show.
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HSBC to end its whole-of-market advice offering with John Charcol
07 December 2009
HSBC has severed ties with John Charcol and decided not to continue with its whole-of-market offering through the brokerage.
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Industry plans for an uncertain year
07 December 2009
Richard Sexton business development director E.Surv
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LAST WEEK’S WINNER
07 December 2009
JONATHAN CORNELL FIRST ACTION FINANCE“Sorry lads, you’re just not good enough toenter The M Factor”
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Lenders must make more effort when selling repossessions
07 December 2009
Marketing a repossessed property involves important responsibilities. And following the news that the Financial Ombudsman Service has received several complaints about disputed property valuations on the sale of repossessed homes it appears that I am not alone in this sentiment.Robert Sinclair, director of the Association of Mortgage Intermediaries, says the problem is that a property is only worth what a buyer will pay for it.
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Lenders start to cut rates on high LTV mortgages
07 December 2009
Rates on high LTV loans started to slide at the end of last week as Abbey cut pricing on its 90% and 80% LTV loans.
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Letting long-term benefits flow from short-term lending
07 December 2009
Regulators must bear in mind the role bridging finance plays in encouraging much-needed entrepreneurial spirit
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Lib Dems are worth listening to, for once
07 December 2009
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Marketwatch 07.12.2009
07 December 2009
Halifax has launched a number of semi-exclusive rates but it has changed its criteria to exclude short-lease properties. This is a shame as it will rule out plenty of prime London properties
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MD Pension Solutions appoints sales boss
07 December 2009
MD Pension Solutions has appointed Karen Pretty to the role of national sales and recruitment manager.
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Media Spotlight: The Worst-Case Scenario By David Borgenicht and Mark Joyner
07 December 2009
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MMR obligations could lead lenders to limit distribution, says Swiss Re
07 December 2009
Responsibilities placed on lenders as a result of the Mortgage Market Review could result in lenders limiting distribution, warns Swiss Re.
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MONEY MONEY MONEY
07 December 2009
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Mortgage Times has held on to my money for too long and my patience has run out
07 December 2009
I’ve never been one for airing my grievances in public. In fact, I’m quite a private person and like to think I’m regarded as professional, trustworthy and fair.
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Mortgage Times: We will fix commission problems
07 December 2009
Mortgage Times says that the problem of delayed commission payments to its appointed representatives should be resolved within the next two months.
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MPs back campaign to extend Stamp Duty holiday
07 December 2009
A group of Labour MPs have lent their support to an industry campaign to extend the Stamp Duty holiday beyond December 31.
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Mutuals' net withdrawals hit £1.2bn in October
07 December 2009
Mutuals saw a net withdrawal of deposits of £1.2bn in October, figures from the Building Societies Association reveal.
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New lenders will be good for the market
07 December 2009
Tom Cleary financial services director Start Mortgages
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Non-executive chairman at Countrywide to retire
07 December 2009
Countrywide has announced that Harry Hill will retire from his role as non-executive chairman at the end of the year.
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Pink Group partners up with Manchester
07 December 2009
Pink Group is offering a range of mainstream and buy-to-let deals through a partnership with Manchester Building Society.
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Rent-back players must up their game
07 December 2009
Claire Wilkinson head of residential property at Compliancy Services
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Responsibility is likely to increase brokers' standing
07 December 2009
The extension of the FSA’s approved persons regime should result in higher standards in the advice sector
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Rock might not be so solid
07 December 2009
With the general election looming plenty of MPs will be taking a fond look around Westminster before they receive the well-earned boot.
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Santa Darling will not bring us much
07 December 2009
Christopher Taylor chief executive officer London & European
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Savills says it will keep packager arm trading
07 December 2009
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Savills settles out of court in home valuation case
07 December 2009
Estate agency Savills has agreed an out-of-court settlement after a rogue employee undervalued a seller’s home by millions of pounds.
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Sesame sees a rise in new customer numbers
07 December 2009
Sesame, part of the Sesame Bankhall Group, has reported that it has gained more than 300 new customers this year.
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Shadow MPC
07 December 2009
Following the recent £25bn boost to the quantitative easing initiative it’s back to wait and see mode as Mortgage Strategy’s Shadow Monetary Policy Committee votes for a base rate hold again this month
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Shared ownership schemes may lead to two-tier market
07 December 2009
There has been a spurt in part-rent-part-buy developments but we may just be storing up problems for the future
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Some brokers don't provide good value
07 December 2009
Terry Pritchard managing director of Charterhouse Retirement Services
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SPEAK OF THE DEVIL
07 December 2009
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Steady as she goes as lending recovers
07 December 2009
David Finlay intermediary business director Barclays
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The changing face of bridging finance
07 December 2009
Alan Margolis chief executive officer Cheval
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The equity release boat has got stuck in the doldrums
07 December 2009
Equity release is destined to grow but the withdrawal of lenders may send the wrong message to customers
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Third equity release body set up
07 December 2009
The Society of Equity Release Advisers launched last week, the third such body formed to represent the interests of equity release advisers.
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Tip-off by NACFB leads to six arrests in fraud inquiry
07 December 2009
The National Association of Commercial Finance Brokers’ fraud committee has claimed its first victory after three men were for-mally charged with money laundering and conspiracy to defraud.
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Top priority is Stamp Duty
07 December 2009
With the Pre-Budget Report this week, expectations will be high as to whether chancellor Alistair Darling will give the housing industry an early Christmas present.
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Tory plans to axe FSA could be "unwelcome distraction" warns Coogan
16 Dec 2009
Michael Coogan, director general of the Council of Mortgage Lenders, has warned that Conservative plans to “move the regulatory deckchairs” after the next General Election could be an unwelcome distraction.
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Two-year fixed rates jump 38% in eight months
07 December 2009
The number of two-year fixed rate deals has increased 38% since April 2009 - from 250 to 405 - with three-year fixes rising by 22% and five-year fixes going up by 12%.
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WEB OF DECEIT
07 December 2009
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WHITE CHRISTMAS LIES
07 December 2009
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Xit2 joins CML as associate member
07 December 2009
Xit2 has joined the Council of Mort-gage Lenders as an associate member.









