Health Shield has strengthened its position in the cash plan market, according to the latest Laing & Buisson report, increasing its market share by income from £27m in 2012 to £29m in 2013. The Health Cover UK Market Report 2014 revealed that the non-profit-making Friendly Society was the only provider in the top four to have increased its market share by income over the past year. Health Shield was also the only cash plan provider in the top four to have increased its market share by income every year for the previous five years. This infographic presents the figures.
Eight in 10 brokers fear further regulation of buy-to-let after the Government’s shock move to regulate part of the sector in order to comply with the EU mortgage credit directive. Earlier this month, the Treasury published a consultation on the directive in which it revealed “accidental landlords” – borrowers who have not actively decided to […]
FCA mortgage and mutual sector manager Lynda Blackwell says the regulator still has lingering concerns about the bridging market despite the big strides made to clean up the sector. Speaking at the Association of Short Term Lenders’ annual conference in London today, Blackwell said the regulator remains concerned that bridging loans are being offered when […]
Nationwide has refined its affordability calculator so more applicants pass through, Mortgage Strategy understands. The lender has issued a broker note titled, Making It Easier To Do Business, stating it has refined some areas within the affordability calculation relating to outgoings although the lender has refused to give further details. One broker, who wishes to […]