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Access financial data on the web

CACI is offering financial services institutions the chance to access intelligence on mortgages, savings and current accounts via the internet. The online service replicates the data available through CACI’s established market databases.

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Paragon and MT offer buy-to-let SIPP mortgages

Paragon Mortgages and Mortgage Trust are offering intermediaries tailor-made self invested personal pension mortgage products for buy-to-let investors. The lenders are inviting intermediaries to join a select panel that will introduce the range.The products are in response to a recent survey by Mortgage Trust that found 65% of mortgage intermediaries expect the introduction of residential […]

Pessimism on insolvencies

More than half of all mid-market businesses expect insolvencies to rise over the next 12 months, reveals research published by Pricewaterhouse Coopers. Less than one in seven businesses believe insolvencies will fall.

Valuers have too much power now – and they’re getting more

From Rick Gifford In a buoyant market valuers are only too keen to value properties up and on many occasions actually enhance the valuation. After all, if they can increase the valuation it has a nice knock on indexing effect on their fees. I blame valuers for the gross increases in property prices in the […]

Morgan Stanley rumoured to be looking to buy Advantage

US giant Morgan Stanley is rumoured to be looking to buy Advantage Home Loans in a deal to be announced this December.One source tells Mortgage Strategy that Advantage is looking to be bought by Morgan Stanley, or possibly another lender.Keith Dearling, founding partner at Advantage, will not comment on the Morgan Stanley rumour but says […]

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