Mortgage Strategy
14 December 2009
-
We are contestants in our own X Factor
14 December 2009
-
60 Seconds with.....Rob Clifford
14 December 2009
-
A return to MIGs would shore up the FTB sector
14 December 2009
I was shocked to see the result of a straw poll on reviving mortgage indemnity guarantees in the December 7 issue of Mortgage Strategy. I can’t believe that 38% of brokers voted against bringing them back.
-
A tasteless political fudge
14 December 2009
The day after the Pre-Budget Report last week, at a gathering of mortgage brokers in London only one topic dominated conversation. Was it Stamp Duty? No. Securitisation? Are you kidding? No, the topic to get everyone’s tongues wagging was the daily revelations about Tiger Woods’ love life because sadly there was precious little in the Pre-Budget Report to interest the mortgage market.
-
AToM to offer complex prime mortgage deals
14 December 2009
All Types of Mortgages has agreed terms with three lenders to offer complex prime mortgages for clients who don’t fit mainstreamlenders’ criteria.
-
Bank freezes base rate and stimulus package
14 December 2009
The Bank of England has held the base rate at 0.5% and not extended quantitative easing.
-
CAN YOU HAVE A POP TO WIN THIS POSH MONTBLANC ROLLERBALL PEN?
14 December 2009
Celebrity stalker Gerry O’Brien meets Oritsé Williams, one quarter of chart-topping boy band JLS
-
Cash sales could be running at 30%, says CML
14 December 2009
The Council of Mortgage Lenders says mortgage-financed house sales may account for only 70% of transactions, with cash buyers making up the rest.
-
CML accuses regulator of simply rehashing Mortgage Code ideas
14 December 2009
-
Commercial sector turning the corner
14 December 2009
-
Dead cert
14 December 2009
-
Economic Tracker
14 December 2009
Lenders can help as confidence returns
-
Estate agents are simply trying to earn their living
14 December 2009
Estate agents do not deserve such a bad press as they are just doing their job which is to sell as quickly as possible
-
Food for thought in conflicting reports
14 December 2009
-
FSA bans Leicestershire broker
14 December 2009
The Financial Services Authority has banned Leicestershire-based Aaron Nickols, trading as Warwick Finance (Warwick), for not being fit and proper to run a mortgage and insurance business.
-
Google to take on estate agents online
14 December 2009
Google is reportedly looking to offer sellers the chance to list properties online for free, which could be a threat estate to agents unless they embrace such technological advances and use them to their advantage
-
Help clients see the light on protection
14 December 2009
-
Hopes dashed as Darling fails to extend the Stamp Duty holiday
14 December 2009
Chancellor Alistair Darling killed off industry hopes that the Stamp Duty holiday would be extended in his Pre-Budget speech last week.Darling says the tax holiday was designed to address problems of affordability.
-
House prices rose 1.4% in November, says Halifax
14 December 2009
House prices rose 1.4% in November - the fifth successive monthly rise, according to Halifax’s house price index.
-
Inconsistent lenders cause problems for brokers and clients
14 December 2009
Readers may be interested to read of a few unusual mortgage cases that have passed across my desk recently.
-
Individual regulation may come in next year
14 December 2009
Mortgage brokers could be individually regulated as early as mid-2010 under Financial Services Authority plans to fast-track its proposals.
-
ITL Mortgages to ramp up its lending by 300%
14 December 2009
-
LAST WEEK'S WINNER
14 December 2009
Amanda Maries IMA Assciates“The Rhino was the only celeb we could get at short notice. The photo op with Tiger Woods had to be cancelled at the last minute.”
-
Light touch
14 December 2009
-
Limited distribution likely to be the future
14 December 2009
-
Looking ahead to the industry in 2010
14 December 2009
-
Mark Posniak joins Drawbridge Finance
14 December 2009
Mark Posniak, former head of business development at Linksfield Technologies, is joining Drawbridge Finance as head of business development.
-
Marketwatch 14.12.09
14 December 2009
There’s likely to be a rush to finalise house purchases between now and the new year following the decision to end the Stamp Duty holiday, creating a bubble just below the higher threshold
-
Media Spotlight: The Zombie Economy By Mark Thomas
14 December 2009
-
Money Partners RMBS ratings altered
14 December 2009
Fitch Ratings has upgraded two tranches and downgraded three RMBS non-conforming transactions from the Money Partners Securities series.
-
Mortgage Brain buys rights to EdgeV2 system
14 December 2009
Mortgage Brain last week bought the intellectual property rights of rival sourcing system EdgeV2 from the administrator of Enterprise Group.
-
Networks need to manage AR risks from start to finish
14 December 2009
Having read the letter from Ian McIver, managing director of The Whitechurch Network, headlined ‘Beware of networks promising to have you trading quickly’ (Mortgage Strategy December 7) I have to say that I agree that appointed representatives should beware of networks that offer such guarantees.
-
Now CMC stops offering deals to the self-employed
14 December 2009
Cheshire Mortgage Corporation, part of Blemain Group, has become the latest lender to suspend self-employed deals.
-
Opportunity to earn respect for rent-back
14 December 2009
-
Purchase loans highest in October since 2007
14 December 2009
House purchase loans hit 55,000 in October - their highest level since December 2007, says the Council of Mortgage Lenders.
-
Questions over FSA ban on broker for high pressure sales
14 December 2009
The story on Mortgage Strategy Online last week about a broker being banned for using high pressure sales tactics was curious in several ways.First, there appears to be an allegation of fraud. This surely requires a legal sanction but none is indicated.
-
Revive MIGs but not with upfront client payments
14 December 2009
If mortgage income guarantees are to be a safety net for lenders the premiums should be built into their rates
-
Scottish bill will change process for repossessions
14 December 2009
Legal reforms north of the border could make life harder for lenders and lead to extra costs in repossession cases
-
Securitisation market may not have reopened, says Bank
18 Dec 2009
The Bank of England has published its bi-annual Financial Stability Report today which says despite a number of securitisations in the UK, the market may not yet have reopened.
-
Skipton sells its majority stake in Callcredit group
14 December 2009
Skipton Building Society has sold its majority stake in Callcredit Information Group, its credit reference and marketing services subsidiary.
-
Small positives, big concerns for 2010
14 December 2009
-
Snap judgement
14 December 2009
-
Societies out in cold while banks get it all
14 December 2009
-
Solving care issues with equity release
14 December 2009
-
Tick tock tick tock
14 December 2009
With Stamp Duty reverting back to previous levels and VAT going back up too, the Pre-Budget Report held little cheer. The clock may be ticking for Labour…
-
Tory plan to kill off HIPs is anti-green, says AHIPP
14 December 2009
The Association of Home Information Pack Providers has questioned the Tories’ green credentials following the party’s pledge to scrap HIPs if it gets into power.
-
Uncertainty could lead to opportunity for brokers in 2010
14 December 2009
Intermediaries should look to the next year with optimism as their contribution to the market remains integral
-
Using football skills to educate brokers
14 December 2009
-
Value your advice and charge a fee
14 December 2009
-
Watchdog bans another Haart advertisement
14 December 2009
The Advertising Standards Authority has rapped estate agent Haart for a second time for misleading advertising.
-
We can't ignore slide in mortgage assets
14 December 2009
