www.mousesale.co.uk has cut out its fee for sellers, enabling vendors and buyers to carry out property transactions privately without the need for a traditional estate agent or a selling fee.
Members of the Professional Mortgage Packagers Alliance have seen an increase in business from the GMAC-RFC’s Partners range. The second quarter of the year showed GMAC-RFC Partners business levels up 25% on the preceding three month level overall.Jon O’Brien, PMPA director of operations, says: The sub-prime sector is experiencing high demand at the moment, which […]
Peter Izard is senior manager corporate accounts at GMAC-RFCF For lenders, keeping clients is much more cost-effective than attracting new ones. So will this move kill off the remortgage market – the broker’s bread and butter? No. Let us first consider why clients remortgage in the first place. Of course, some remortgage for a reduced […]
Alliance & Leicester says lenders are doing their bit to help first-time buyers onto the property ladder. Following the first-time buyer summit held today by the Conservative Party, Stephen Leonard, director of mortgages at Alliance & Leicester, says: First-time buyers are the lifeblood of the mortgage market and debate on how to ease the troubles […]
GE Life has lowered its lifetime mortgage interest rate from 6.09% to 5.95%, as well as reinstating its 250 cashback facility.
The UK is ending what has been its slowest economic recovery on record with a marked acceleration in growth. Neptune’s forecast for UK GDP growth in 2014 is 2.5 per cent, up from 2013 growth of 1.8 per cent as estimated by the Office for National Statistics. When considering the changing UK macro outlook, three important questions remain:
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