Homeloan Management has made Mark Smith managing director. He will report to Steve Haggerty, whom the company has appointed chairman following his promotion to group commercial director of parent group Skipton.
The recent innovative move by Halifax to pay a full proc fee to an intermediary where they recommend a client to return to the lender has reignited the ‘whose customer is it?’ debate. This issue took up a proportion of the debating time at the Mortgage Summit in Jerez and was even the subject of Mortgage Strategy’s cover feature last week
From Dave RogersI was shocked at a scandalous accusation recently levelled at Nationwide in Mortgage Strategy (August 21). So shocked that I fired up my laptop only to find that Nationwide was indeed still quoting the base rate as 4.5% via Homebuyer. No, I don’t think JFK’s death was a conspiracy, nor do I believe […]
David Stubbs, RICS economist, says the Nationwide house price figures show the market is buoyant.Stubbs says: “The housing market remains strong, supported by a strong economy, rapid population growth and investor demand. Affordability and accessibility to the market, for first time buyers, is worsening as prices and interest rates rise and will continue to do […]
One in five first-time buyers say they would rather rely on friends and family to pay their mortgage than take out payment protection in the event of losing their jobs. This apparent lack of faith in mortgage payment protection products comes as research by the Post Office shows that half of first-time buyers could only […]
Like to let beside the seaside? The latest research from LendInvest looks specifically at coastal towns to find which areas offer the top average rental yields to landlords. Where are the top seaside postcodes for landlords? The interactive map below looks at the highest rental yields along the UK coast. According to the data, Hull, […]
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