Households are increasingly pessimistic about their finances following the emergency Budget, Markit and YouGov researchers claim. Almost a third of households say they spent less in July.
DIGGING THE DIRT IN THE MORTGAGE WORLD…
Lloyds Banking Group says fraud played a part in its decision to cut its solicitor panel across all of its brands. Mortgage Strategy understands the bank is looking to cut from its panel all solicitors that do not submit at least one case a month. A spokeswoman for Lloyds says solicitors that do not do […]
Adam Roberts of Southside Mortgages in Nottingham has won an iPad in Precise Mortgages’ registration draw. Other prizes available to brokers who registered included holiday vouchers.
Lenders will be accountable for checking affordability but brokers must ensure deals are suitable for clients
According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20% of total wages, the statutory minimum for a new automatic […]
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