Mortgage Strategy
15 December 2008

  • £10m capital boost for Newcastle to repair Icelandic losses

    19 Dec 2008

    Newcastle has boosted its capital by £10m as it prepares for “exceptional write-offs” due to its exposure to collapsed Icelandic banks.

  • 007 joins the fight

    15 Dec 2008

    Mole was tickled to learn that the fight to stop Lloyds TSB's takeover of HBOS secured some last-minute celebrity backing from none other than 007, Sir Sean Connery.

  • 1 in 3 face could face disaster if they lose their jobs

    17 Dec 2008

    Over 30% of adults could face financial disaster if they lost their job claims MoneyExpert.com.

  • 12 Months of challenge and change

    15 Dec 2008

    X-rated would be one way of summing up my thoughts on what has been an extraordinary year in this, the final edition of Mortgage Strategy for 2008.

  • 275,000 jobs set to go in business services sector

    15 Dec 2008

    Over a quarter of a million jobs are expected to be lost in business services sector as the recession starts to bite in 2009 and 2010.

  • 95% of brokers say equity release vital to their future

    16 Dec 2008

    A survey by sourcing system Trigold has found that a whopping 95% of brokers say that the equity release market will be vital to them going forward.

  • Action is better than inaction

    15 Dec 2008

    In recent weeks we have seen a number of legislative changes designed to reduce the number of repossessions.

  • Adviser Matrix gears up for 2009 rush

    19 Dec 2008

    Adviser Matrix, a free independent research service for brokers says it is anticipating an increase in directly authorised mortgage and independent financial advisers looking to join networks in 2009.

  • Affordable housing in the spotlight

    15 Dec 2008

    Affordable housing is not immune from the downturn and the government is looking at ways to boost it and increase the number of homes available to buyers who are unable to purchase on the open market.

  • All parties must come together to boost the sector

    15 Dec 2008

    As I have spent the past few days talking to mortgage firms of all shapes and sizes, I am in a position to say that the industry expects 2009 to be tough. No surprises there.

  • AMI surprised by dire CML predictions

    18 Dec 2008

    The Association of Mortgage Intermediaries says it is taken aback at the severity of the Council of Mortgage Lenders’ predictions for lending levels next year.

  • An open Letter to Santa

    15 Dec 2008

    Dear Santa This year has been a stressful, busy, interesting, challenging, sad and unusual time for many institutions and individuals. So for Christmas and the new year the mortgage industry would like the following presents:

  • Another firm attempts to rise from the ashes

    15 Dec 2008

    The phoenix firm phenomenon continues to sweep the mortgage and loan industries despite the Financial Services Authority announcing a crackdown on the practice.

  • Astra and PMS offer four-year exclusive

    18 Dec 2008

    Astra Mortgages and PMS have teamed up to offer a four-year fixed rate exclusive at 5.59%.

  • B2L specialist plans to update its system

    15 Dec 2008

    Mortgages for Business is to revamp and rebrand its buy-to-let sourcing system, currently called Bluesky.

  • Barclays lurks at the bottom of an empty barrel

    15 Dec 2008

    As if things couldn't get any worse for brokers, I am now being forced to use companies such as Barclays and Woolwich. Talk about scraping the bottom of an empty barrel.

  • Big names are down-to-earth about property

    15 Dec 2008

    Many people have said to me that being a surveyor must be a lonely existence and they are right, but the chance of a sparkling social life is not what attracted me to the job in the first place.

  • Borrowers pushed onto expensive fixes claims Moneyfacts

    18 Dec 2008

    Borrowers are being forced on to expensive fixed rate mortgages despite a drop in two-year swap rates, claims Moneyfacts.co.uk.

  • Bridgewater warns brokers to show tough love towards clients

    15 Dec 2008

    Home reversion specialist Bridgewater Equity Release is urging equity release advisers to show tough love when dealing with their clients.

  • Brokers face ban on selling MPPI at point of sale

    15 Dec 2008

    The Competition Commission has dealt a blow to mortgage brokers by revealing they will not be able to sell mortgage payment protection insurance at the point of sale.

  • Brown is leading us the wrong way

    15 Dec 2008

    Prime Minister Gordon Brown and his bully boys are about to have another go at banker-bashing.

  • Business Lending launches commercial credit fund

    16 Dec 2008

    Specialist commercial lender Business Lending is launching a commercial credit fund aimed at providing stable and secure income to institutional investors.

  • Buyers on standby for bottom of market

    15 Dec 2008

    Many prospective buyers are on standby while desperate not to miss the bottom of the housing market, claims London estate agent Cluttons.

  • Buyers show interest again

    15 Dec 2008

    Buyers began to return to the housing market in November, the Royal Institution of Chartered Surveyors reports.

  • Cameron takes FSA to task on mortgage fraud

    15 Dec 2008

    David Cameron has called into question the methods used by the government to discourage mortgage fraud.

  • Cattles halts dividend payouts

    18 Dec 2008

    David Postings, chief executive of specialist lender Cattles says the group is on course to deliver results in line with expectations in 2008, but has decided to cancel dividend payments as it waits for its banking licence.

  • Cattles' share price continues to dive

    17 Dec 2008

    Specialist lender Cattles has seen its shares tumble this week as it waits to hear whether its application for a banking licence will be granted.

  • CC ban signals death of PPI warns AFB

    15 Dec 2008

    Robert Sinclair, director of the Association of Finance Brokers has warned that the Competition Commission’s ban on the sale of payment protection insurance at point of sale for brokers will spell the death of PPI.

  • Cheaper funding is round the corner

    16 Dec 2008

    Lenders will be able to access cheaper funding through the government’s Credit Guarantee Scheme within a matter of days.

  • Church of Scotland joins NLA

    15 Dec 2008

    The Church of Scotland has joined the National Landlords Association, the representative body for private-residential landlords in the United Kingdom, becoming its first ecclesiastical member.

  • CML welcomes changes to credit guarantee scheme

    16 Dec 2008

    The Council of Mortgage Lenders says it welcomes the government's changes to make the Credit Guarantee Scheme cheaper for lenders.

  • CML welcomes changes to credit guarantee scheme

    16 Dec 2008

    The Council of Mortgage Lenders has welcomed the Treasury’s changes to the credit guarantee scheme, which will make it cheaper for lenders to gain access to the government’s guarantees helping them gain access to wider market funding.

  • Collars will die out, says Boulger

    15 Dec 2008

    Ray Boulger is predicting that lenders will steer clear of collars on tracker deals in future.

  • Computer says NO

    15 Dec 2008

    The weekend's FT Money section had an article headed 'Borrowers refused best rates', focusing on good quality clients being turned down for stupid reasons, a problem which is escalating.

  • Concern about bank clampdown

    15 Dec 2008

    Andrew Sentance, a member of the Monetary Policy Committee, has warned that heavy-handed bank regulation could lead to negative consequences.

  • Co-op cuts SVR to 4.74%

    17 Dec 2008

    The Co-operative Bank has reduced its SVR by 0.5% effective January 1.

  • Coventry seems to be dual pricing despite its claims

    15 Dec 2008

    Correct me if I'm wrong but didn't Coventry once state that it would not go down the dual pricing route?

  • Creditor demands lead to Prestbury winding up order

    18 Dec 2008

    Prestbury Financial is winding down the business as a result of its dire financial position and unresolved demands for clawback commission.

  • Curriculumvitae: Laura Stavro-Beauchamp

    15 Dec 2008

    Describe your current job I'm deputy news editor on the mortgage industry's best and only broker magazine.

  • Dan Watkins gets top mortgage job at Lloyds Banking Group

    18 Dec 2008

    Mortgage Strategy understands that Dan Watkins has got the top job of managing director for mortgages at the new Lloyds Banking Group.

  • Debt spirals in midst of financial crisis

    15 Dec 2008

    Around 40% of home owners owe more than £90,000 in secured debt, reveals a survey carried out for the Bank of England.

  • Deferment plan could lead to a bonkers situation

    15 Dec 2008

    The Royal Bank of Scotland's announcement that it is delaying repossession orders by six months is akin to putting a plaster on a wound and ignoring the source of infection.

  • Deliver your clients from temptation

    15 Dec 2008

    Some UK retailers have been forced into an unprecedented frenzy of price cutting in a frantic bid to encourage us to spend our cash before Christmas.

  • Down and out

    15 Dec 2008

    Robert Sinclair, director of the Association of Finance Brokers, delivered a blinder at the recent Pan Credit/Mortgage Strategy networking event in Soho.

  • Dual pricing on the decline claims AMI

    16 Dec 2008

    The Association of Mortgage Intermediaries says the number of brokers unable to assist clients due to lenders offering better deals direct has decreased from 48% to 33%.

  • Estate agents want HIPs scrapped

    15 Dec 2008

    The government should suspend Home Information Packs to restore market confidence, the National Association of Estate Agents says.

  • Evaluate introduces modular sourcing

    16 Dec 2008

    Evaluate Technologies has developed a modular proposition for its EvaluateConsumer sourcing solution, which makes it available to any firm – regardless of budget or sales process.

  • Extra government funding for first-time buyers

    16 Dec 2008

    The government has boosted funding for its HomeBuy Direct scheme in a move which is expected to help 18,000 first-time buyers get on the property ladder.

  • Fed Fund closes to zero and the UK government improves the guarantee scheme

    17 Dec 2008

    Yesterday the Federal Reserve cut the main US interest rate to “a target range” of between zero and 0.25% and said it “will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability".

  • Fed slashes rates by 0.75%

    17 Dec 2008

    The Federal Reserve has slashed the US' key interest rate by 0.75% from 1% to just 0.25%.

  • First-time buyers increase as prices drop

    18 Dec 2008

    House prices across the UK plummeted in November, reveals the monthly market report from the National Association of Estate Agents.

  • FISA members push for fee hike

    18 Dec 2008

    The Finance Industry Standards Association is set to increase its lender member fee by £2,000 next year in an attempt to secure the future of the standards body.

  • FLA will not force lenders to sign up to support scheme

    19 Dec 2008

    The Finance and Leasing Association says it will not force secured loan lenders to sign up to the government’s Homeowner Mortgage Support Scheme.

  • Fluent Money remains optimistic for 2009

    19 Dec 2008

    Kevin Hindley, joint managing director of Fluent Money says optimism will be the key to any market improvement in 2009 and predicts that Q3 and Q4 will see an improvement in the economy.

  • Focus still on brokers

    15 Dec 2008

    2008 has been the mortgage market's annus horribilis - a nightmare from which we have been unable to wake.

  • FSA issues consumer warning over broker

    15 Dec 2008

    The Financial Services Authority has issued a consumer warning that the brokerage Pure Money Limited and Pure-money.co.uk is not a regulated firm.

  • FSA steps up scrutiny of senior management

    19 Dec 2008

    The Financial Services Authority is looking to change the way it regulates the competence of senior management.

  • FTBs should buy protection early

    15 Dec 2008

    There are many financial concerns facing first-time buyers - the economic climate, securing the right mortgage, paying legal fees and stumping up hefty deposits, to name but a few.

  • GABRIEL back on track claims FSA

    18 Dec 2008

    The Association of Mortgage Intermediaries says the Financial Services Authority has assured it that access to its GABRIEL system has improved.

  • Giving Woolwich an award for its IT must be visionary

    15 Dec 2008

    I was amazed to receive an email from Woolwich stating that it had received a 2009 Gold Standard award for technology from Mortgage Strategy. Without a doubt its online system is one of the worst available.

  • Good news or bad news - the choice is yours

    16 Dec 2008

    Bank of Scotland is tomorrow adding to its large loan range with the launch of a 3 year fixed rate up to 60% LTV at 5.29% with a 0.25% fee with a maximum loan size of £10m.

  • Great rate expectations pound sterling

    17 Dec 2008

    Currencies Direct says it is seeing the pound trade at an all time low on the back of expectations that the Bank of England will cut interest rates further.

  • Gross lending of £145bn and 500,000 arrears in 2009

    18 Dec 2008

    The Council of Mortgage Lenders predicts that there will gross mortgage lending of just £145bn and that arrears will hit a whopping 500,000 in 2009.

  • Gross lending plummets 22% in November

    18 Dec 2008

    Gross mortgage lending fell from £18.6bn in October to just £14.6bn in November - a massive 22% drop.

  • Gross mortgage lending falls 22% in November

    19 Dec 2008

    Gross mortgage lending fell from £18.6bn in October to just £14.6bn in November - a massive 22% drop.

  • Halifax and Nationwide steer clear of house price forecasts

    19 Dec 2008

    Halifax and Nationwide have both decided not to release their usual house price forecasts for next year.

  • Halifax is generous to some at the expense of others

    15 Dec 2008

    Regarding your story entitled 'Cutting tracker rates could cost Halifax £575m' (Mortgage Strategy Online December 9), the move is to be welcomed but being a Halifax borrower on a fixed rate with a low LTV, I wonder what I will be able to get when the deals come out next year?

  • HBOS takeover threatens jobs, warns MSP

    15 Dec 2008

    A Scottish MSP has warned that HBOS shareholders' rubber-stamping of the new Lloyds Banking Group on Friday has set the scene for the loss of up to 40,000 jobs.

  • HIP amendments add nothing to a useless document

    15 Dec 2008

    Housing minister Margaret Beckett should start talking and listening to the mortgage industry instead of driving through legislation that is completely unnecessary.

  • Home Buyer Systems unveils HBSLite trial offer

    17 Dec 2008

    Home Buyer Systems is offering brokers the chance to try out its HBSlite system over the Christmas holiday.

  • House prices set to fall another 10%

    15 Dec 2008

    Rightmove is predicting that asking prices have another 10% to fall before the housing market bottoms out at the end of next year.

  • HSBC refuses to include brokers in ambitious 2009 lending drive

    15 Dec 2008

    HSBC will continue to shut brokers out of its offerings in 2009 despite increasing its mortgage lending by just over 17%.

  • Idiots eat well as lenders get stuffed

    15 Dec 2008

    My recent rants at the appalling behaviour of banks mainly stem from my frustration with their lack of contrition for their contribution to the plight of the nation's borrowers and their ongoing failure to accept responsibility for it.

  • IMLA wants securitising lenders in on the support scheme action

    15 Dec 2008

    The Intermediary Mortgage Lenders Association says it is working to ensure that securitising lenders will be able to get involved with the government's Homeowner Mortgage Support Scheme.

  • Inflation drops again to 4.1%

    16 Dec 2008

    UK inflation dropped again in November to 4.1% compared to 4.5% in October. The fall was expected to be bigger, with some predicting it could be as low as 3.9%.The Consumer Prices Index shows the headline rate of Retail Prices Index inflation, which includes housing costs, declined to 3% in November from 4.2% in October.It is widely predicted that inflation will continue to fall into the new year with concerns that it will go below the government's 2% target.

  • Inflation falls to 4.1%

    16 Dec 2008

    UK inflation dropped again in November to 4.1% compared to 4.5% in October.

  • Jimi Hendrix was right about MI

    15 Dec 2008

    Jimi Hendrix probably isn't the first person you'd think of when it comes to offering words of wisdom about Treating Customers Fairly and the importance of management information.

  • Landlords lost £144m per day during 2008

    15 Dec 2008

    Landlords have lost £52.8bn in equity from their property portfolios this year, says Managing Partners. The fund manager says the year-on-year loss equates to £144.7m per day.

  • Leeds appoints non-executive directors

    16 Dec 2008

    Leeds has appointed Ian Robertson and Bob Stott as non-executive directors of the society with immediate effect.

  • Lenders are hiding behind TCF as a reason not to lend

    15 Dec 2008

    Regarding the comments made by Colin Franklin, head of sales at Coventry, in your news article headlined 'Regulator is accused of mishandling TCF' (Mortgage Strategy December 1). I'd like to welcome him to the world of brokers.

  • Lenders say Labour must call a halt to the tug of war on pricing

    15 Dec 2008

    The Council of Mortgage Lenders has accused the government of playing tug of war with lenders as its members struggle to price deals competitively.

  • Level the insurance playing field now

    15 Dec 2008

    Although the recent Queen's Speech promised measures to transform the banking sector's voluntary code of practice into a legally binding one, the government still seems powerless to control banks' worst excesses despite its stakes in several of the biggest players.

  • London districts top list of fraud hotspots

    15 Dec 2008

    East London is the area of the UK most vulnerable to fraud, says Callcredit. Nine areas of London make it into the top 10 fraud hotspots, with Liverpool taking the remaining position.

  • Long-term outlooks are needed

    15 Dec 2008

    The rise of the ‘accidental landlord’ is being blamed for an oversupply of rental property, hitting rental incomes and yields.

  • Looking up

    15 Dec 2008

    It's been a terrible year so it's not surprising that people are turning to God for salvation.

  • LV= forms protection partnership with Standard Life

    18 Dec 2008

    LV= has partnered with Standard Life and will supply its customers with its income protection plan and whole of life 50 plus plan through Standard Life's direct telesales team.

  • Marketwatch 15/12/2008

    15 Dec 2008

    Swaps had a mixed week, with longer term money rates increasing. It would be ironic if lenders used this as an excuse to increase their fixed rates after ignoring the recent massive falls.

  • MI unveils two-year fixed rate deal with AfI

    15 Dec 2008

    Mortgage Intelligence has launched a two-year fixed rate with Abbey for Intermediaries. The deal is available at 4.19% up to 60% LTV or £550,000 with a £995 fee.

  • Moneyextra.com grabs top online talent

    15 Dec 2008

    Moneyextra.com has poached Richard Mason, former head of Moneysupermarket. com, and Jennifer Rose, former PR manager at Confused.com, to overhaul its website.

  • Morgan Stanley hit by $2.2bn loss

    18 Dec 2008

    Morgan Stanley has posted a $2.2bn (£1.38m) loss for Q4 amidst what the US investment bank has dubbed challenging and unprecedented market turmoil.

  • Mortgage Intelligence launches compliance help for DAs

    16 Dec 2008

    Mortgage Intelligence is reporting a rise in directly authorised firms seeking compliance advice.

  • MPC backs MBS guarantees

    17 Dec 2008

    The Monetary Policy Committee has advocated the Treasury's move to guarantee loans saying that base rate is not the way to bolster the credit markets.

  • MPC dove Blanchflower to step down in May

    15 Dec 2008

    Monetary Policy Committee dove David Blanchflower is to step down in May. The Treasury says the external MPC member position will be advertised shortly and announced next June.

  • Nationwide introduces two-year tracker

    16 Dec 2008

    Nationwide is making some changes to its mortgage products, including the launch of a two-year tracker mortgage.

  • NatWest offers free financial advice to all

    15 Dec 2008

    NatWest now offers free advice on budgeting and saving to all consumers, regardless of their bank.

  • Network mergers will be limited

    15 Dec 2008

    Some pundits are talking about networks being crunched, with only half a dozen large firms remaining by the end of next year.

  • Newcastle boosts capital by £10m

    19 Dec 2008

    Newcastle has boosted its capital by £10m as it prepares for “exceptional write-offs” due to its exposure to collapsed Icelandic banks.

  • Nightmares before Xmas

    15 Dec 2008

    There's no doubt about it, 2008 has been the mortgage industry's annus horribilis. No amount of Christmas lights or tinsel can disguise the fact that the past 12 months have been the cruellest the sector has seen for decades. Businesses that seemed bullet- proof have been shot down, industry stalwarts deemed untouchable found themselves unemployed and the broker sector, only two years ago seen as the foundation of the industry, has been shaken to the core.

  • Norwich Union claims recession will boost equity release

    17 Dec 2008

    The equity release sector stands to gain from the impending recession and its effects on retirees’ savings, claims Norwich Union.

  • Orbiter sourcing service rolled out to brokers

    15 Dec 2008

    Orbiter has rolled out its online sourcing and compliance service to brokers. The system allows them to source and compare products while maintaining an audit trail and producing Key Facts Illustrations.

  • Payment code wont stop late payments claims Graydon UK

    15 Dec 2008

    The government's voluntary code on payment terms to encouragethe prompt payment of bills between businesses is unlikely to spark a genuine move away from late payment culture in the UK, warns credit referencing agency, Graydon UK.

  • Pink adds two dates to protection course

    15 Dec 2008

    Pink Home Loans has added events on February 24 and April 1 to its itinerary of one-day protection courses due to a high level of demand from appointed representatives.

  • Podcast row over short-term deals

    15 Dec 2008

    Mortgage Strategy played host to a David and Goliath battle of wills last week as sole trader Danny Lovey debated with PR guru John Wriglesworth.

  • Prime borrowers struggle during Q3

    16 Dec 2008

    Prime borrowers found it increasingly difficult to meet their mortgage repayments during Q3, reveals the latest index from Standard & Poor’s.

  • Promotions attracting punters but not to spend

    17 Dec 2008

    Research by KPMG has found that while discount days and special events are attracting punters it's not necessarily spurring them to spend.

  • Property transactions could rise by 15%

    15 Dec 2008

    I anticipate a slow recovery from Spring 2009, as we should reach the lowest point in the property cycle this Winter.

  • Recession could be the worst ever

    15 Dec 2008

    A dire prediction was issued last week by a leading economist, suggesting that the recession in the UK will be long and deep.

  • Remortgage and FTB enquiries dominate broker website traffic

    15 Dec 2008

    Impartial.co.uk has found that consumers seeking remortgage deals make up the largest proportion of its enquiries.

  • Renting may be the new buying

    15 Dec 2008

    Developers will start to build properties to rent rather than sell if the housing market continues to lag, predicts Savills.

  • Rude boy

    15 Dec 2008

    Loan etc's Michelle Blair proved to Mole that she is not a lady to be messed with, especially when it comes to celebrities.

  • Santander transfers A&L shares to Abbey

    18 Dec 2008

    Spanish banking giant Banco Santander is boosting Alliance & Leicester’s capital position by transferring its A&L shares to Abbey.

  • Savills sees conditions deteriorate in UK

    17 Dec 2008

    Savills has published its trading update for the year ended December 31 2008, which show its mortgage broking business has seen a significant fall off in expected 2008 volumes.

  • Second charge covered by support plan

    15 Dec 2008

    Secured loan lenders are to be included in the government's Homeowner Mortgage Support Scheme.

  • Sign of the times

    15 Dec 2008

    Mole thought he had found a new friend last week when he noticed a mortgage firm situated around the corner from Mortgage Strategy's offices.

  • Simon Nixon takes on executive deputy chairman role

    17 Dec 2008

    Simon Nixon founder and chief executive officer of price comparison group Moneysupermarket.com is to become executive deputy chairman of the group on February 25 2009.

  • SPECIAL FEATURE: Over the Hedge

    16 Dec 2008

    To the outside world, hedge funds have historically been seen as closed organisations that seem to make a lot of money – though, granted, most people haven’t the foggiest how they do it. Well now could be the time for more clarity.

  • SPECIAL FEATURE: Spurs case study - a lesson for bankers

    17 Dec 2008

    The credit crunch will be longer, deeper and more painful than it needs to be all the time our bankers are shell-shocked, depressed and being pulled in different directions.

  • Stoke firm joins mortgageforce

    15 Dec 2008

    Mortgageforce has added Stoke-based brokerage Brian Alcock & Associates to its growing list of franchisees.

  • Take care with B2L, brokers warned

    15 Dec 2008

    Moore Blatch is warning brokers to cover their backs when selling buy-to-let mortgages.

  • TCF Debt Solutions teams up with debt charity

    18 Dec 2008

    TCF Debt Solutions is to become a preferred partner of debt charity, Debt Advice Network, based in Hertfordshire.

  • That's the spirit

    15 Dec 2008

    Investors have found a new road to riches. The roller coaster ride on the stock and money markets has led investors to seek a safer investment alternative - whisky.

  • The events that shaped the secured loan market in 2008

    19 Dec 2008

    When somebody writes a book on the history of the secured loan market, 2008 will go down as one of the most shattering years on record for the industry.

  • The year that was..

    17 Dec 2008

    With all the bad news facing the industry in 2008 - lenders going under, housing transactions falling through the floor and mortgage lending volumes at historic lows - it's easy to lose perspective and and get swept away with all the negativity we are having to endure.

  • There’s a cuckoo in our nest

    16 Dec 2008

    Come the spring I’m fully expecting the clocks outside the country’s town halls to go Swiss, not in terms of accuracy but to feature a cuckoo on the hour, just to remind us the direction that we’re heading in.

  • Two million planning mortgage payment holiday

    18 Dec 2008

    Research from uSwitch.com reveals more than two million borrowers are considering taking a mortgage payment holiday.

  • Two Rock remortgage panel members named

    15 Dec 2008

    Countrywide Mortgage Services and the broker arm of estate agency Connells are just two of the brokerages Northern Rock recommends when it contacts borrowers to encourage them to remortgage with other lenders.

  • Walker Laird appoints Falconer to commercial department

    17 Dec 2008

    Walker Laird has appointed Suzie Falconer to its commercial department.

  • Ward returns to IMLA

    15 Dec 2008

    Tony Ward, managing director of Home Funding, has been elected to the Intermediary Mortgage Lenders Association's board of directors, having left the organisation five years ago to focus on his own firm.

  • We did not ask customers to overpay, says Abbey

    16 Dec 2008

    Abbey has defended itself against claims that it demanded customers to make upfront payments to reduce the size of their loans.

  • Who do you believe - Alistair Darling or Gordon Brown?

    16 Dec 2008

    Alistair Darling, today in the House of Commons:"Of course we are more likely to be more severely affected as a result [of the UK's dependence on the City and housing market]".

  • Will FISA members put their money where their mouths are

    19 Dec 2008

    As the year comes to a close everyone is wondering what 2009 will bring.

  • Xit2 hires key accounts manager

    17 Dec 2008

    Xit2 has appointed Ben Breaker to the role of key account manager.

Poll

Do you recommend fast-track to customers?

Current Issue

petitions
debate
Define Advice
Advanced search