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Mform rejects remortgage fears

Mform.co.uk says remortgaging fears are being overblown as a result of the liquidity crisis. Research by the website shows that average LTVs for borrowers buying in the past three years range from 58% to 68%. This puts customers who are remortgaging this year in a stronger position than many had feared.

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Accord withdraws prime three and five-year fixes

Accord Mortgages will withdraw a range of its fixed rate deals as of close of business tomorrow. These include a range of its prime three and five-year fixed rates and three and five-year remortgage fixed rates. The lender says that replacement products has yet to decide whether to launch replacements.

Waking up to a post Rock world

According to John Murray, last year’s BSA annual conference was an insomniac’s dream but this year the organisers have had a wake-up call and have put together an event in Manchester that will have value for all lenders – not just building societies

The month at a glance

The reporting season proved inconclusive and the Budget was an irrelevance but the sell-off of Bear Stearns and the run on HBOS shares resulted in an agreement that could see the Bank of England give UK financial institutions the kind of support the Fed has been extending to battered US banks

Business picks up in West Midlands

A West Midlands based broker claims that the housing market has actually quickened rather than slowed down in her neck of the woods.Despite reports that the bottom has dropped out of the buy-to-let sector, Joyce Coakley, managing director of MCedgbaston, says that there is evidence that investors are taking advantage of properties coming back on […]

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