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Dates for your DIARY

June 10
Monetary Policy Committee meeting

With Gary Styles, risk and economics director at Hometrack, warning that even modest base rate increases could have dire consequences for both mortgage pricing and the housing market the outcome of this month’s Monetary Policy Committee meeting should be a no-brainer, with another hold in prospect.

June 8
Association of Mortgage Intermediaries annual dinner

AMI is holding its annual dinner at Plaisterers’ Hall in London. AMI director Robert Sinclair, its director-general Chris Cummings and Financial Times columnist and economist John Kay will be giving speeches at the event.

June 15
Inflation announcement

It was bad news for both the Consumer Price Index and the Retail Prices Index last month. Will it be more of the same?

June 22
Emergency Budget

We’ve already had a taster with the £6bn in spending cuts that chancellor George Osborne unveiled last week but in this, his debut Budget, he’s likely to give us both barrels. Will there be any support for the housing market?



Snowdon ready to scale the heights

When lender Aldermore recently launched a residential mortgage arm it was Colin Snowdon’s third mortgage start-up. And given its liquidity in a dislocated funding market and the niche he has identified, he believes it has a clear space in which to flourish

Small rise in base rate could shrink lending volumes

A modest rise in interest rates in the next two years would have damaging consequences for lending that might have been underestimated, Hometrack has warned. The firm has forecast that the Bank of England base rate will start to rise next year to around 1%, moving to 2% in the longer term. But Gary Styles, […]

Mortgage Brain rolls out updated system to brokers

Mortgage Brain has rolled out the latest version of its sourcing system which allows brokers to carry out around 90% of sourcing activity from a single screen. The All New Mortgage Brain uses both offline and online technology and lets brokers carry out multiple client-specific searches and create personalised best buy tables. The system is […]

lending strategy round table

Slim pickings for pessimists

Lending Strategy recently hosted an HML-sponsored round table on arrears and repossessions which provided little comfort for doom-mongers, although there were warnings about pitfalls that must be avoided


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