Halifax has revealed that home buyers will pay more to live in a spa town. All 18 spa towns have higher average house prices than comparable towns in their regions, while 16 out of 18 have higher prices than neighbouring towns.
- Top trends
Brokers must have been spooked by the latest statistics from the Council of Mortgage Lenders. It seems that the level of remortgaging now stands at a five-year low.
Stroud & Swindon has launched a range of two-year fixed rate products including a two-year fix at 5.09% which reverts to base rate plus 0.99%.
Brokers have praised eBay-style bidding as a way of buying leads despite criticism from lead generation firm Mortgage Angels that it is a waste of time.Nat Daniels, managing director of Mortgage Angels, says: “The problem with bidding for mortgage leads is that advisers are using their work time to bid when they should be spending […]
Commercial mortgage lender InterBay has launched a new website for intermediaries. Amongst other things the site provides an online application form for self-cert commercial mortgages. Interbay says the application is much stronger than a ‘DIP’, instead it gives a cast iron decision to lend within 48 hours which is underwritten, credit checked and only subject […]
Re-enrolment is a sizeable task, and requires proper planning. You must ensure that eligible staff who are not already in your auto-enrolment pension scheme are put back into it.
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