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MI join forces with Halifax

MI join forces with HalifaxMortgage Intelligence has launched general insurance deals in association with Halifax General Insurance.

Network members now have access to Halifax home buildings and contents insurance products.

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House purchase loans approvals drop 30%

The total amount of house purchase loans approved by banks has fallen 30.1% in the 12 months up to February this year, new figures reveal.

Fitch says tightened criteria may affect RMBS

Fitch Ratings is warning that tightening lending criteria could have a negative impact on residential mortgage-backed securities.The agency has stipulated however that the developments are not likely to have any immediate impact on UK RMBS ratings.Fitch says the liquidity crisis is starting to have an impact on the mainstream mortgage market with conforming lenders tightening […]

Packagers should consider opportunities in FSA paper

In recent weeks there has been much debate in Mortgage Strategy about the role of packagers but little comment on the hidden opportunities that lurk within the Financial Services Authority’s Consultation Paper 07/23.

Big five banks to meet with BoE

Senior executives of the big five UK banks expected to meet with governor of the Bank of England, today to discuss aid for financial markets.HSBC, Lloyds TSB, HBOS, Barclays and Royal Bank of Scotland are meeting with Mervyn King to discuss the provision of additional financial help to reassure markets.Speculation suggests the banks want King […]

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Considerations for overseas workers in Germany

With Germany’s strong economic growth leading the eurozone’s recovery, many UK businesses are keen to be part of the success story: recent data shows that there are currently more than 280,000* employees working for a UK-controlled company in the country.

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