More than half of all brokers believe buy-to-let mortgages should be regulated, while 88% are not expecting to change their regulatory status in the next year according to Mortgage Strategy’s latest online poll.The findings are part of a wide-ranging survey into the specialist lending sector which also looked at which specialist markets brokers think will grow over the coming year and which lenders brokers do the majority of their self-cert business with. The news that so many brokers are happy to stick with their existing regulatory arrangements flies in the face of market speculation that directly authorised brokers are increasingly looking to move acrossto networks in a bid to secure regulatory cover. Morethan 2600 brokers took part in the online survey, which has now closed. The full results will be published in a specialist lending supplement sponsored by BM Solutions, due out on September 26.
Home of Choice has chosen Trigold as the exclusive system for its network members.Trigold has developed a fully customised version of its Prospector AAA system for Home of Choice that includes branding, panels, proc fees and shares client and product information with Home of Choices client management system.The Home of Choice Partnership is a national […]
GMAC-RFC has completed its 53rd portfolio sale, the seventh to Amber Homeloans. This brings its portfolio sales to £8.6bn since 2000. Portfolio sales are an important part of GMAC-RFC’s business strategy. The lender also says European investors are becoming interested in participating in the UK market. Craig Beresford, head of asset sales at GMAC-RFC, says: “This […]
Freedom Lending, the specialist mortgage lender, is broadening its product range with effect from Monday September 12.Products include avery near prime and near prime discounted range up to 90% LTV, bridging the gap between its current prime and adverse ranges.There is a range of Bank Base Rate lifetime trackers – available on prime, self cert, […]
IN THE PINKMole turned pink last week on learning Pink Home Loans PR manager Sarah Anderton had crabs. No word of a lie, it was the tastiest treat for Anderton during lunch at London’s trendy Roka Shochu. The Japanese restaurant is a fave with celebs in the know and was first choice for star stalker […]
Johnson Fleming’s current charity of the year is CLIC Sargent: the UK’s leading cancer charity for children and young people, and their families.
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