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BDS adds to satellite panel

BDS Mortgage Group has added First National to its satellite lender panel, taking the total to 17.

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Mortgages Direct questions base rate rise

Peter Gladdy, director of Mortgages Direct says the current economic situation is not strong enough to justify a rise in rates. He says: “The housing market is stable and currently showing modest overall growth but the latest rise in interest rates could cause a substantial change in homebuyer attitudes and significantly dampen activity in the […]

Freedom is a fast-rising star

Freedom Finance has risen to a ranking of 294 among the fastest-growing European companies featured in the 2006 Europe’s 500 Listing, the annual league table of high growth companies that is published by Europe’s 500.

Woolwich dropped from Optoma panel

Optoma has announced that it will no longer include Woolwich on its lending panel.Woolwich has been a prime lender with Optoma for a number of years, but the number of applications with Woolwich has reduced significantly over the last 12 months.Optoma now has 15 leading lenders on its panel including new arrival, Swift.David Levey, finance […]

House prices rise 1.7% in October

Halifax’s monthly price index has revealed house prices rose by 1.7% in October. There have, however, been indications of a weakening in activity at earlier stages of the house-buying process, suggesting that house price inflation may slow in the coming months.The latest RICS survey shows signs of a slowdown in activity with virtually no change […]

How to cut mortgage fraud risk

Recent figures from Financial Fraud Action UK revealed a financial scam was committed, on average, every 15 seconds during the first six months of 2016, says Roy Armitage, head of credit at Lendinvest. That represents a 53 per cent rise year-on-year, with these scams coming in all shapes and sizes. Furthermore, a staggering 56 per cent of […]

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