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BM dominates Hamptons Awards short list

Hamptons Mortgages unveiled its awards short list last week, with BM Solutions making the grade in eight out of 11 categories.

The Hamptons Awards are one of London’s most prestigious lender award ceremonies. This year the event takes place on November 23 at the trendy Vinopolis wine museum on London’s South Bank.

Jonathan Cornell, Mortgage Strategy columnist and technical director at the London brokerage, says: “Once again we are looking forward to recognising outstanding achievements by lenders and surveyors.”

Hamptons is one of London’s top brokers and had a record October, brokering over £100m worth of loans.

Managing director Kevin Duffy says: “The business was stress-tested last month and average productivity per consultant was comfortably above £20,000. These numbers aren’t extraordinary for some of our illustrious peers but in a national context they demonstrate that the industry is in obscene, let alone rude health.”


No incentive to fill the housing gap

The housing shortage should have produced a boom in new-build developments but Stamp Duty policy and increased bureaucracy are discouraging builders, says Richard Coulson

Abbey for Intermediaries launches buy-to-let range

Abbey for Intermediaries is to begin offering buy-to-let mortgages from November 13. The proposition from Abbey will offer intermediaries a maximum LTV of 85% for loans up to 1m per property, plus 120% minimum rental cover.There is no booking fee, free valuation and 250 cashback available for both purchase and remortgage clients on selected products.Intermediaries […]

PMPA exclusive deals from TMB

The Professional Mortgage Packagers Alliance has launched four exclusive products and one semi- exclusive product from The Mortgage Business. The first two deals are options in TMB’s Self 85 range that allows self-cert to a maximum LTV of 85%. The other two exclusives are in TMB’s house to house range. Both are two-year trackers with […]

Market prices Research from Halifax Estate Agents shows that 73% of market towns have higher average house prices than neighbouring towns in the same county.

Lenders have defended ex-tended early repayment charges following criticism from Hamptons Mortgages. The brokerage has de-nounced lenders that offer low initial rates accompanied by heavy ERCs for borrowers who apply for an extended period following the initial rate deal. It claims that this type of hangover rate is considerably worse value than other deals without […]


Under the radar – Fit for Work and sickness absence

Earlier this month we sat in on a presentation delivered by the Fit for Work service, and this session did highlight one small but important change to the offering that we must admit had slipped under our radar. The Sickness Absence Review published in 2010 suggested that the Independent Assessment Service (now branded Fit for Work) should have three access points; referral by […]


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