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World Cup fever could slow buying activity

Hamptons Mortgages says home buying hit an annual high in May, but warns England’s progress in the World Cup could slow buying activity. The number of new business cases almost doubled from 150 in May 2005 to over 300 in this May, and accounted for 50.68% of new business at Hamptons. But remortgages remain popular, […]

JEREZ 2006: Lenders to grab market from brokers

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 […]

Mortgage brokers are not living saints

Mother Theresa’s youthful ambition was to be a mortgage broker. She planned to devote her life to finding the right home loan deals for struggling clients, helping them sort out their other financial commitments along the way.

May lending second highest on record, says CML

Gross mortgage lending reached 28.7bn in May, figures out from the Council of Mortgage Lenders have revealed. Lending was 18% higher than in April and nearly 30% higher than in May last year. It was the strongest May figure on record and only 0.5% below the record for a single month seen in July 2004 […]

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