From Andrew MontlakeThank you for an enlightening Mortgage Summit in Jerez earlier this month. Apart from being an enjoyable and well organised event, it provided me with some useful and important information on how the industry should move forward. You put on an event that provided the opportunity to discuss and shape the future of our industry. The importance of being given the chance to mix with mortgage luminaries and discuss issues we all face should not be underestimated. I see this conference developing as the place all brokers aspire to be. We were given much food for thought on the subjects of HIPs and the future of remortgage procuration fees to name but two of the issues discussed at length. I was most interested in the differing views of esteemed colleagues. Apart from the delegates themselves, I am sure the lenders and sponsors will have got a great deal out of this event. I’m also sure I’m not the only person who learnt a lot more about some lenders that brokers and packagers assumed they knew all about already. Again, from a sponsorship point of view, this will be a key event that any lender of note will want to get involved with in the future. Having being apprehensive about what exactly would be achieved from such an event other than a few good drinking sessions, I can assure all those who may doubt the value of such a gathering that a lot of hard work and hard talking was done, much has been learnt and much will continue to be discussed in the coming months. This successful event has ensured its future for many years to come.
- Top trends
In light of the latest CML lending figures, which show lending figures on the increase over the summer, Bradford & Bingley has commented that the mortgage flurry it predicted has now begun. Duncan Pownall, mortgage development manager for Bradford & Bingley, says: “This month’s figures paint a much more encouraging picture than some of the […]
Alliance & Leicester has hit back at claims that its entry into the buy-to-let market is belated and shows a lack of commitment to the sector. A&L revealed in early August that it plans to enter the sector next year after feedback from intermediaries suggested they do so, but has come under fire from HBOS […]
The Mortgage Works has reduced the pay rate on its three-year fixed rate buy-to-let mortgage from 4.69% to 4.55%.
The Mansfield Building Society has launched a mortgage that has no early repayment charge. The two-year discounted mortgage, available to customersin England and Wales, will be one of the few available on the market that does not incur an early repayment if the customer wishes to repay the mortgage in full or part during the […]
By Sarah Scott, marketing consultant On 22 February this year the charity Diabetes UK launched a fundraising initiative, #Swim22. They challenged individuals to swim 22 miles over the course of 89 days – a distance that equates to the width of the English Channel. Because of the time period the challenge is spread over, it […]
News and expert analysis straight to your inboxSign up