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Owners are better off than renters

Abbey’s annual Rent vs Buy report shows that owners are still better off than renters by an average of 24,372 per year.

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TFC sub-prime exclusives funded by Platform

TFC Homeloans has launched a range of exclusive sub-prime products funded by Platform.The products are three-year deals fixed until September 1 2009, and are 0.3% lower than Platform’s core range.Rates start from 5.50% and apply to all Platform’s sub-prime products from near prime to heavy adverse, including Right to Buy.Simon Snape, head of products and […]

Industry’s first aggregated new business tracking service goes live

The business tracking service from the Exchange, owners of the Exweb adviser portal. is now live.12 firms of advisers are currently using the new service in a live environment as part of a gradual roll-out. The full launch, which will make it available to all participating Exweb users, will begin in the next couple of […]

JEREZ 2006: FSA admits TCF contradiction

Speaking at the Mortgage Summit in Jerez today, Michael Lord, head of mortgage and credit unions at the Financial Services Authority, admitted that it is possible for a broker to comply with all its rules and still not be treating the customer fairly.He says: I accept that it is possible for a broker to abide […]

Consumers want online bargains

Nearly twice as many people would be likely to apply for mortgages online if they were sure they were getting the cheapest deals available, research from Direct Line Mortgages reveals. The findings were unveiled last week as Direct Line launched its first online-only mortgage – a two-year tracker at 4.19% which reverts to a long-term […]

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