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LIB Dems respond to Nationwide house price index

The Liberal Democrats have reiterated their warning that many people are gambling on the house price boom following the release of figures showing house prices rose 2.1% in April.

Responding to the Nationwide house price index, which shows house prices up 2.1% in April, Vince Cable MP, Liberal Democrat shadow chancellor, says: “Large numbers of people are gambling on the house price boom – a gamble they may regret if house prices start to fall or interest rates rise.

“It is time for the government to take action to protect ordinary homeowners against irresponsible lending.”


TMB to launch online mortgage processing service

The Mortgage Business is launching an online mortgage processing service for intermediaries – TMB Interactive.  TMB says the system will speed up the whole mortgage process.  It will help intermediaries and packagers process cases more quickly and, in most cases, will give an instant online decision with an immediate agreement in principle. The fast-track system is […]

Carpetbagging is now a thing of the past

Paul Winter, sales and marketing director of Ipswich I believe mutuals often offer better products and service than their larger competitors. The public now is much better informed about the benefits of mutuality than it was two or three years ago. The times when a windfall payment was enough to secure the undisputed demutualisation of […]

Timely information for potential ARs

If you&#39re planning to go down the AR route, choice of network is going to be crucial to your success in the post-regulatory environment. This important factor was one of the reasons why we launched the Network Strategy feature in your favourite weekly publication. So popular has this proven that Mortgage Strategy is now proud […]

CML welcomes quality standard for prefabricated building systems

The Council of Mortgage Lenders has welcomed yesterday&#39s announcement by the Building Research Establishment of a new quality standard for prefabricated building systems. With the Government keen to promote the use of modern methods of construction, the CML believes the market needs a set of recognised standards to ensure that the new generation of prefabs […]


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