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HM Land Registry publish new consultation

This week the Land Registry published a major consultation paper on new land registration rules.

The new rules will support the Land Registration Act 2002, received Royal Assent on 26 February this year. Both the Act and the new rules are expected to come into force on October 13 2003.

The land registration system underpins the property market in England and Wales and guarantees title to over £2000 billion worth of property.

More than 80% of property titles are now registered, and the great majority of the three million property transactions handled by the Registry each year involve registered land.


Exam to weed out less dedicated

Mortgage intermediaries believe that proposed exams for advisers who want to offer equity release products will make the mortgage market more specialised and weed out less dedicated players. Mike Fitzgerald, sales director at Brentchase Financial Services, says: “Many brokers are very worried at the prospect of doing more exams, and say they will no longer […]

First time buyer deposit to hit £32,000 by 2011, says Egg

A new report by digital bank Egg finds that deposits will equal 85% of first time buyer&#39s income by 2011. Saving for a first home will reach crisis level in the in South East and London, with average deposits hitting £74,000 in a decade. Britons saving for their first home likely to reach age 36 […]

Regulators must keep an open mind

It&#39s been barely two weeks since the publication of CP146 The FSA&#39s approach to regulating mortgage sales and already the knives are out for Howard Davies and his mob. Nothing intoxicates some people like a sip of authority and it seems that the FSA has had plenty of it. Chief regulator Davies is reported to […]

Processing forum will put the back office in the spotlight

As lenders enjoy record business volumes, back office operations are in the spotlight like never before. Improving broker to lender technology channels and ensuring operations and marketing work together are among the subjects of a two-day Mortgage Strategy conference taking place in London on October 28-29. The Best Practice in Mortgage Processing Conference will help […]


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