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Yorkshire launches FTB range via direct channel

Yorkshire Building Society is launching a first-time buyer range up to 85% LTV through its direct channel with no upfront fees and £500 cashback.

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Shortage of homes for sale boosted lettings market in Q1

The lettings market saw a sharp upturn in Q1 2010 as a shortage of homes pushed rents higher. The Royal Institution of Chartered Surveyors says 30% more of its members reported a rise rather than a fall in rents in the three months to April, up from a net balance of zero for the previous […]

ROBERT SINCLAIR

AMI warns of a market share attack by lenders

The Association of Mortgage Intermediaries believes lenders are gearing up to launch an aggressive campaign through their branches to compete with brokers who are currently taking a bigger share of the mortgage market. The Intermediary Mortgage Lenders Association has worked out that brokers accounted for almost two-thirds of total mortgage lending in the first three […]

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Lending rise shows true value of advice

Lending via brokers made up 62% of total mortgage lending by value and volume in Q1, according to figures from the Financial Services Authority and the Council of Mortgage Lenders that were recently highlighted by the Intermediary Mortgage Lenders Association. This proportion is a rise on the 60% mortgage market share that brokers had in […]

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