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MPC votes to maintain base rate at current level

The Bank of England’s Monetary Policy Committee voted unanimously to keep the base rate on hold and maintain quantitative easing at £200bn, the latest minutes from the MPC’s meeting show.

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Brokers take a larger slice of the lending cake with help from FTBs

Mortgage brokers increased their market share by 2% in Q1 2010, advising on 62% of total mortgage lending, figures from the Financial Services Authority and the Council of Mortgage Lenders reveal. The Intermediary Mortgage Lenders Association has calculated that brokers accounted for 62% of total mortgage lending both by value and volume in Q1, up […]

TIM JORDAN, HEAD OF RESIDENTIAL PROPERTY, FORSHAWS DAVIES RIDGWAY

Cut out tenant risk early in the process

All of us who work with residential property have dealings with landlords, with some of us landlords ourselves. As a solicitor I am often asked about landlord and tenant issues. Some surround eviction procedures and enforcement, but other problems only come to light after termination of a tenancy agreement. And it’s usually only when these […]

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AMI calls on FSA and CML to acknowledge brokers

The Association of Mortgage Intermediaries has welcomed figures from the Intermediary Mortgage Lenders Association, which show brokers continue to dominate the mortgage market, but it wants the trade bodies and the regulator to acknowledge this important role.

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

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