View more on these topics

Brokers should keep eye on macro picture

Landlord optimism is at its highest for almost four years. The National Landlord Association’s Landlord Optimism Index reveals around 65% of those questioned predicted the next three months would be good or very good.


The survey also showed a slight increase in optimism since Q2 2010.

What’s promising is that the positive outlook for landlords and buy-to-let reflects what we are seeing in the industry.

Availability of these mortgages and demand from tenants appears to be showing no signs of tailing off. But it would be foolish to be overly optimistic.

Landlords ploughing all their investments, time and passion into a property portfolio should make sure they have savings, insurance and a back-up plan.

Brokers will no doubt have seen higher demand from landlords but there is demand elsewhere too.

Kensington Mortgages reported that one in five mortgage brokers said over half of their clients seen in the past three months had never consulted a broker before. This suggests consumers value professional advice.

A Paymentshield survey found almost half of individuals in the UK have never reviewed their finances with a professional.

Brokers need to not only keep an eye on consumer trends and spending habits, but also on the macro picture. This will point them in the direction of where the economy is heading and help them prepare for the demand of products that may be around the corner.



Do interest-only restrictions create North-South divide?

Ever since interest-only lending came under the spotlight in the Financial Services Authority’s Mortgage Market Review consultation papers, lenders have been making changes to their interest-only criteria.

CML says UKAR’s customer checks are prudent move

The Council of Mortgage Lenders has defended UK Asset Resolution’s decision to contact borrowers if changes in their financial profile suggest they may be at risk of falling into arrears. UKAR, the holding company for Bradford & Bingley and Northern Rock Asset Management, is contacting borrowers it believes could run into difficulties paying their mortgage […]


Firms will go bust if banks do not lend

Normally the number 180 is only of interest to darts enthusiasts. But 180 cropped up recently and it wasn’t associated with 20 pints of mild and pork scratchings.

India budget: BJP focuses on growth

By Kunal Desai, Head of Indian Equities

With markets kept open on Saturday, finance minister Arun Jaitley delivered a promising budget focused on growth and decentralisation. While many complained about a six-day working week, there was much to be pleased about and the markets rallied in the afternoon to finish in the green.


News and expert analysis straight to your inbox

Sign up