The status quo was widely expected as recent increases are thought to have starting slowing the housing market.
The previous ratio was 130%, which has now dropped to 125%. This will be based on a nominal rate of 5.99% or the actual pay rate if higher up to 80% LTV. Paul Howard, associate director for Portman Group Intermediary says that after the recent interest rate rises it didn't seem right to factor in […]
The emerging eastern eight countries, which include Bulgaria, have gained a reputation for having legal systems that can make it difficult for purchasers to establish legal title over their chosen properties. Conti has launched this new scheme after many months of negotiation and due diligence, which Simon Conn, senior partner at Conti, says was to […]
Smee has held his post at AIFA since September 1999. During that time he has navigated the organisation and its membership through numerous regulatory reviews, including the lengthy consultations on depolarisation, and has steered the industry through a change in legislation, regulators and rules. John Gummer MP, Chairman of AIFA and AMI says: “The IFA industry is […]
Stop and think what they deliver and it will surprise you. If volumes are an indicator, production alone is significant, adding up to many billions in annual mortgage completions. But the media messages are confusing for packagers. Read one article and they're in business, another and they're out. None of this is helpful. The word […]
This guide from Johnson Fleming, entitled ‘Choosing an auto-enrolment provider’, will take you through some key questions you need to ask and what information you want to be finding out in response to these.