Gary Adams

10 Years Ago: What made the news in July 2009?

13 July – Base rate blues “If the base rate started to rise a bit, two things would happen. First, a base rate that is closer to normality,” said Loop Mortgages sales and marketing director Linda Will, 10 summers ago. Will was speaking when the base rate had been set at 0.50 per cent for […]

Belmont Green appoints new non-exec director

Belmont Green has snapped up Robin Churchouse (pictured), who joins as an independent non-executive director. Churchouse can look back at more than 30 years of experience in financial services, including stints at Countrywide and Yorkshire Building Society, where he worked in various senior roles from 2004 to 2017. He also holds the role of non-executive […]

Chancellor denies rumours of stamp duty change

Chancellor Sajid Javid has distanced himself from talk that he was considering moving the onus of stamp duty from buyers to sellers. The speculation stems from an interview published by The Times on Saturday, in which Javid said concerning stamp duty: “I’m looking at various options. I’m a low-tax guy. I want to see simpler […]

Second charge repossessions fall by nearly 40%

Figures from the Finance & Leasing Association show that second charge mortgage repossessions came to 24 in the second quarter of this year. This represents a 38.5 per cent drop than was recorded in Q2 2018. There were 149 repossessions of properties held under this category of mortgage in 2018 – 85 of them having […]

Habito announces new mortgage switch pledge

Habito has announced an initiative that aims to stop its customers from reverting to a lender’s SVR. Citing research that shows that 55 per cent of current mortgage holders could save nearly £300 in switching, Habito says that it will alert each of its customers with a ‘4 Months’ Notice’ via text messages and emails […]

Limited company popularity continuing: Precise

More than half of landlords intend to use a limited company to buy properties in 2019, research from Precise Mortgages shows. Of the landlords asked in a survey conducted by the specialist lender, 55 per cent replied that they would use a limited company structure to expand their portfolio versus 24 per cent who plan […]

David Robinson waves goodbye to Shawbrook

Shawbrook sales and distribution director of residential mortgages David Robinson (pictured) is set to leave the bank after joining last July. Robinson joined Shawbrook from Accord, where he worked as national intermediary sales manager for nearly four years and in the wider business for nearly 15. On his departure, Shawbrook property division managing director John Eastgate […]