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Online proc fee offer from edeus

Edeus is offering intermediaries who register with it online before its launch an extra 75 proc fee on business submitted before the end of the year.

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Bad news is not as bad as it seems

On the face of it, recent headlines have not been good news for the mortgage market. The announcement of a base rate rise on one day and barely 24 hours later indicators showing rising repossessions are not the stuff of mortgage industry dreams.

Portman reprices two-year fixed rates

Portman has repriced its two-year fixed rates with new products available from Friday August 11 as a result of upward movement in swap rates.It now offers a two-year fixed rate mortgage at 4.69% with an arrangement fee of 999, a two-year fixed rate mortgage at 4.89% with an arrangement fee of 599, and a two-year […]

Interest rate rise could stabilise housing market

A rise in interest rates could ultimately be a good thing for the housing market, says Jonathan Cornell, technical director at Hamptons Mortgages. The Bank of England indicated in its inflation report last week that there is a 50% chance of inflation rising above 3% within the next six months, which means a further rise […]

Free the AR prisoners tied to networks

We began trading at Home of Choice in July last year. We were the first post-Mortgage Day mortgage network and as I predicted then we have not been joined by any other new entrants to the market. Instead, we continue to see consolidation as established networks struggle to evolve their business models and provide their brokers with ever more sophisticated ways to advise clients.

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