Swaps reacted to the MPC minutes with a sharp fall and it seems we could be seeing QE2 in the near future. It’s a shame Kensington withdrew
its high LTV deals, but well done to Halifax for extending its core range
Hero of the week is Aldermore for launching a 95% LTV product with Hitachi Capital through Barratt Homes. Aldermore is doing its best to launch innovative deals on an almost weekly basis well done to it.
Villains of the week are rogue claims firms ripping off consumers and brokers. Please sign Mortgage Strategy’s e-petition on its homepage to lobby for claims firms to be made to pay out on erroneous claims your support really does count.