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Average values

Moneynet’s mortgage research data for October shows the average property value was 208,333. It also shows the average value of a property for a first-time buyer was 194,925,

The average mortgage amount required was 139,982 for a 67% LTV, with first-time buyers looking for an average mortgage amount of 133,947 at 69% LTV.

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em-international launches Spanish product at Expo

em- international has announced a semi-exclusive product for the Spanish market to be launched at the Mortgage Business Expo this week.The product is interest only for the first 10 years then 15 years repayment thereafter.Roger Morris, managing director at em-, says: By UK measure this may not seem like a big deal, however for the […]

Opus recruits BDM as part of expansion plan

Opus has recruited a new business development manager as part of its expansion plan. Joe Stelmach has joined Opus as regional relationship manager. Stelmach has had over 25 years’ experience in the mortgage and financial services industry, and has previously worked at Britanina in London as a branch manager, and as a business development manager […]

Clear answers from the regulator

The question and answer sections on the regulator’s website are valuable sources of regularly updated information for consumers and intermediaries, says Bill Warren

KFI providers must raise their game

In the run-up to Mortgage Day few would have expected lenders to win the dubious distinction of becoming the most irksome component of the regulated mortgage process.

Building long-term relationships

Call us old fashioned, but we want to get to know you personally. That’s why we give you a named case manager and underwriter to look after all your cases from start to finish. Your underwriter will happily give you their number, so you can ring them directly with any questions you have. And your […]

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