The failure of the widely predicted housing market downturn to materialise has served to spur more households to trade up to larger properties rather than encourage first-time buyers, according to the Royal Institution of Chartered Surveyors.
Speaking at the Mortgage Summit today Kevin Patterson, sales director at Park Row, says it is not acceptable for lenders to think they own the client.He says: We introduced the client and it is not acceptable for the lender to cross-sell, they should be ring-fenced and have no outbound contact with the lender, unless it […]
Knight Funding is to offer deals from The Mortgage Business exclusively through members of the Professional Mortgage Packagers Alliance.
Guaranteed and Genesis Home Loans have appointed Jonathan Story as head of IT development.Story will help build and implement new IT and e-commerce within the group, whilst also monitoring and analysing the market with a view to integrating both lender and insurance systems wherever possible.Story has held a number of senior roles within the finance […]
Brokers were warned today at the Jerez Mortgage Summit that lenders will be looking to take away some of their market share.Tim Hague, director BM Solutions says that brokers do play an important part in the future distribution of products and that the current 60:40 distribution through brokers and lenders is set to grow.However Kevin […]
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.
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