Almost two-thirds of borrowers on a tracker mortgage are not taking advantage of low interest rates to overpay on their mortgage. This has risen from just over half of borrowers in May 2009, says Unbiased.co.uk.
TFC Homeloans, the specialist distributor, believes that the lighter end of the sub-prime mortgage market could be returning, though those choosing to operate in it will continue to reject the traditional terminology.
Tesco plans to expand its house-building services with the construction of four developments in the South-East. It is reported that the supermarket also has plans to build homes, shops and leisure developments in Ipswich and the North-East.
Rob Downham, an appointed representative of Home of Choice and principal of Simplicity Financial Services is arranging a meeting for ARs of Home of Choice in Wetherby next week.
Omnii Solutions has appointed John Mawdsley, former managing director of The Mortgage Partnership, as its chief executive officer.
Amanda wrote recently about those clients who need a little tough love – the ones who arrive at your door knowing how much cover they want and why they want it. What they seldom know is how much cover they actually need, what type of cover they should choose and the range of benefits available in the market. […]
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