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House prices fall again

Hometrack’s September survey of the housing market reports a further fall of 0.1%. House prices have now been falling for 15 consecutive months. The average house price is 160,900, down over 3.7% in the past 12 months.

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MPLC focusses on affordability

Mortgages PLC is launching an affordability-based approach to underwriting with a bespoke range available to a limited number of intermediary and packager partners.

B&W transforms its mortgage processing

Bristol & West has announced a plan to consolidate its mortgage processing into two centres, based in Bristol and Solihull. This would involve the closure of its distributed mortgage processing units during 2006.The announcement has been made well in advance of the change in order to ensure a smooth transition for brokers.The move will enable […]

Countrywide house manuals

Countrywide and Haynes Publishing have released two manuals to assist estate agents in gaining technical knowledge of classical house types.Ian Rock. Author of the books, says: One thing you notice with agents at the upper end of the market is their knack of dropping subtle references to architecture or period house construction into the sales […]

Online offer from Advantage

From Monday October 10 2005, Advantage Home Loans will be giving brokers who submit e-DIPs via its website an additional e-DIP premium of between 0.05% and 0.25% per completion The offer applies to over 2,000 branded products, the only proviso being that the DIP is initially submitted on or after the October 10 2005 until […]

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