Southern Pacific Mortgage Limited has updated its range. The end dates for fixed and discounted rates have also been extended to September 1 in the relevant years.
The Council of Mortgage Lenders has warned that electronic packaging could pose a threat to packagers and that they must embrace technology to survive. The CML says that in addition to regulation, technology and online applications that simplify and speed up the process for brokers threaten the added value packagers have always been able to […]
Apparently there’s a World Cup going on. Being from the other side of Offa’s Dyke, you’ll forgive me if I don’t use this article as a chance to pledge my allegiance to Rooney’s meta-whatsit before running out to attach a St George’s flag to the window of my white van. “Sour grapes,” I hear you cry, and you may be right.
The Mortgage Times Group has launched a range of exclusive products in conjunction with Platform which offer free valuations for the duration of the World Cup. All prime products are exempt from the offer. Sub-prime three-year products are 0.1% lower than the standard range including buy-to-let and Right to Buy deals. The near prime bonus […]
Fitch Ratings says that a market standard has yet to emerge over the way lenders judge affordability.The credit ratings agency has undertaken research into the increasingly sophisticated ways lenders are adopting to assess borrowers’ ability to meet future obligations in the UK sub-prime mortgage market.Fitch says many lenders have turned away from the simple income […]
The Pension Policy Institute (PPI)’s recent report “Value for money in DC pensions” tries to identify factors by which people can assess whether their pension offers fair value for money (VFM). Fiona Tait provides an overview of the findings. Positive Outcomes It is extremely hard to assess VFM in a pension. Press activity naturally focuses […]
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