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LIME fully authorised

Simon Hudson, chief executive of Tenet, says: “As a major player in this market and the first mortgage network to launch, this permission confirms the decision of hundreds of advisers to join LIME was the right one.”

To prepare advisers for pending regulation LIME are hosting a series of industry-leading events over the coming weeks which will include presentations from Paul Smee and Chris Cummings. The day will include a look ahead to impending regulation, in-depth training and breakout sessions as well as an overview of the latest support provisions from LIME. Latest initiatives include a comprehensive GI and packager panel, on-line conveyancing, leading marketing support, a select lender support programme, exclusives and a new commercial lending proposition.

These events will take place at:

Edinburgh, September 29

Leeds, October 8

Dorking, October 18

Stafford upon Avon, October 22

Bristol, October 25


Freeze confirms predictions

The Monetary Policy Committee has raised interest rates five times since last November to help control the property market and consumer spending and this now seems to have succeeded. Jak Sardar, economist at Barclays bank, says: “The decision to keep interest rates on hold confirms our prediction that it would not raise rates this month. […]

FSA measures consumers&#39 financial capability

Addressing a discussion, Financial Capability: Making informed decisions about mortgages, held at the House of Commons last week, the FSA said the baseline survey is progressing well. Part of the regulator&#39s remit is to help the public understand financial issues and ensure they do not buy unsuitable products. The industry and politicians agree that it […]

Ipswich launches fixed rate deals

The range comprises three-year and 10-year fixed rate mortgages, plus a fees-free three-year fixed remortgage. The 10-year fixed is offered at a rate of 5.89% until December 31, 2014. The three-year fixed is at 5.9% until December 31, 2007. And the fee-free three-year remortgage is at 6.10% until December 31, 2007. Paul Winter, sales and […]

1.7 million homes at risk from flooding, warns RICS

It says that the effect of flooding risk on house prices is not solely related to the science-based predictions of researchers and government bodies, or even insurers, but more crucially linked to the perception of risk by locally based professionals and members of the public. The RICS report is based on the results of a […]


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