Sam Barker

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Product transfer murkiness hides true market size: AMI

Product transfer murkiness hides the true size of the mortgage market, which could be the biggest since 2007, according to the Association of Mortgage Intermediaries. Lenders do not have to report product transfer figures to the Bank of England or Financial Conduct Authority. As a result, the true total size of the residential mortgage market […]

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House deal volumes softened in March: HMRC

There were 92,270 residential deals in March, down 7 per cent month-on-month, according to the latest HMRC figures. March 2018 saw an 11.8 per cent drop in transactions year-on-year. Mortgage Advice Bureau head of lending Brian Murphy says: “At the end of the day, as we have observed for nearly a year now, according to […]

Houses, house, property, monopoly

SimplyBiz signs up InterBay Commercial

    SimplyBiz Mortgages has today added specialist lender InterBay Commercial to its panel. SimplyBiz members can now access the lender’s buy-to-let, HMO, commercial, bridging and semi-commercial products. Its members now have access to InterBay’s commercial and semi-commercial lending, buy-to-let and HMO, and bridging loans. SimplyBiz Mortgages chief executive Martin Reynolds says: “We are very […]

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Limited company BTL products on the rise: Moneyfacts

Buy-to-let lenders are offering more limited company fixed rate products than ever before, according to Moneyfacts. Moneyfacts says the number of these products on the market has almost tripled in two years and reached 235 in April 2018. There were 212 such products last April and 80 the April before. Moneyfacts finance expert Charlotte Nelson […]

Hampshire Trust hires Matthew Wyles as chief executive

Hampshire Trust Bank has hired Matthew Wyles as chief executive. Wyles was managing director of Castle Trust’s mortgage division until February. He replaces former chief executive Mark Sismey-Durrant, who announced he was leaving last November. Hampshire Trust chairman Robert Sharpe says: “Matthew is a practitioner well known in the retail and small business banking circles […]

Profile: Charcol’s fire

After a difficult period John Charcol is fighting its way back through the leadership of Mark Fleet. As a former pro footballer, Fleet knows about the ups and downs of a tricky season

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BoE director notes growing ‘risky’ mortgage lending

A Bank of England director has today urged caution over rising levels of risky mortgage lending. This includes mortgage lenders loosening credit standards, according to Bank executive director for financial stability strategy and risk Alex Brazier. Speaking at Imperial College today, Brazier said a slowing in buy-to-let and new buyers had “masked the effect of looser […]

Labour party

Labour unveils plans for affordable housing boom

Labour would shake up affordable housing if elected and build one million cheap social homes in ten years, according to shadow housing secretary John Healey. Labour says the term ‘affordable housing’ has become “bogus” and “discredited”, under the Conservatives, shadow housing minister John Healey tells the Guardian. The coalition government has set guidelines for housing […]

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When You Move joins Primis conveyancing panel

  Primis Mortgage Network has added When You Move to its conveyancing panel. When You Move is a conveyancing platform that helps connect advisers with conveyancing firms. Primis advisers now have direct access to When You Move’s services and technology. Primis chief operating officer Toni Smith says: “Technology is continually evolving in the intermediary world […]