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Pink launches range

Pink Home Loans has launched a range of fees-assisted, near prime and heavy adverse products, available until December 31.

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Buy-to-let property prices up 5.5%

Septembers buy-to-let Index from Paragon Mortgages shows property prices paid by investor landlords easing slightly on last months level, but still almost 8,400, or 5.5%, higher than April 2005. This period of relatively strong increases in landlord property prices is in marked contrast with the months between November 2004 and April 2005, when property values […]

Possibility of lighter touch regulation

For all the media coverage of Gordon Brown’s newfound willingness to say New Labour in his key address last week, the ears of industry policy watchers were primed for two different words. As it transpired, ‘regulation’ and ‘mortgages’ were absent from both the Prime Minister’s and the chancellor’s speeches. Cynics hoping for a repeat of […]

Income multiples are totally inappropriate nowadays

From Keith Butler I was stunned to read in Mortgage Strategy (September 12)somebody as respected in the industry as John Wriglesworth suggesting income multiples could be raised to 6 x income. Speaking as somebody who has been in the mortgage industry for nearly 30 years it seems ludicrous that here we are in the 21st […]

Moneyquest unveils McSween as chairman

Moneyquest has unveiled the appointment of leading Scots businessman Angus McSween as its first chairman.McSween, CEO of web security company Iomart and current holder of the Glenfiddich Spirit of Scotland Award for Business, will now oversee Scots-based Moneyquests two-year expansion plan and drive towards AIM listing.Moneyquest, which handled over 1bn of mortgage business last year […]

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