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.
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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