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Advantage picks cancer charity

Advantage Home Loans, the packager bought by Morgan Stanley in December 2005, has chosen Teenage Cancer Trust as its charity of the year. Staff from Advantage will be committed to organising activities to raise funds for the London-based charity which supports teenagers and young adults with cancer.

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No wonder drawdown is in the spotlight

I read with interest the comments of Mike Davies, the compliance director at BDS, reflecting on the Financial Services Authority’s latest mystery shopping exercise in the equity release sector in a recent issue of Mortgage Strategy.

UKValuations appoints Nigel Tobin as CEO

Automated valuations provider UKValuation has today appointed Nigel Tobin as its CEO. Tobin has for the last three years held senior management positions at Countrywide Financial Corporation, of which UKValuation is a subsidiary, and also holds the position of CEO at Global Home Loans, Countrywides mortgage processing business. He joined Countrywide from Barclays, having served […]

Let brokers work how they want to

The paperless mortgage process is almost with us and the drawbacks are becoming clear so brokers should be allowed to retain some options in the ways they work, says Sue Read

Should you have to pay to redeem your mortgage early?

Last week Alliance & Leicester decided to fix its exit fees at 295 so borrowers know at the outset of the loan how much they will have to pay if they redeem their mortgage early. Exit fees – and A&L for having one of the highest charges – have been criticised by the industry and […]

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]

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