View more on these topics

Goldsmith Williams establishes Right to Buy team

With future trends in house prices remaining uncertain, recent months have seen a rise in the number of people purchasing their council houses. Goldsmith Williams has responded to this demand by introducing a right to buy product, allowing mortgage brokers to offer their clients specific benefits, which include, competitive fixed fee products , online case tracking for mortgage brokers and their clients, automatic updates when key milestones are reached. SMS text messaging to keep clients up to speed on progress, and specialist case management system to speed up the progress of cases, with fortnightly automatic follow ups with councils.

Head of the firm&#39s new Right to Buy department, Patrick Draper, says: “Our newly established department will deal solely with right to buy cases, helping to ensure that brokers receive a fast and efficient service. By keeping in regular contact with brokers via online case tracking and SMS text messaging to clients, they are kept fully informed of the progress of their case.”

Eddie Goldsmith, partner at Goldsmith Williams, says: “Right to Buy is a stand alone process that lies somewhere between a purchase and remortgage, therefore you need specialist legal knowledge to deal with these cases. There are over 400 councils in the UK and a lot of them have very different processes when dealing with Right to Buy. With over 20 years of experience in the right to buy sector we have an in-depth understanding of the needs of everyone involved in the process.”


Market Watch

• One-year money is down 0.10% to 5.14%• Two-year money is down 0.10% to 5.15%• Three-year money is down 0.09% at 5.20%• Five-year money is down 0.06% to 5.27% Refreshingly, most lenders seem to be increasing their SVRs by just 0.25% in line with the base rate increase. RBS has brought down its two-year fixed […]

Personal Finance Society , LIA and SOFA announce name and details

The merged organisation will come into being on January 1 next year, subject to votes by both organisations. The mailings precede a series of member roadshows during September and October, which in turn are followed by EGMs, at which the votes will be taken on October 13 (LIA) and 15 (SOFA).  In a foreword to […]

TMB returns with three core products

On Friday the company launched a range of three core products. The Prestige mortgage is for loans over £500,000, base rate plus 0.99% for the life of loan. House 2 House is a buy-to-let based on income, not rental yield, and is a level tracker of base rate plus 1.79%. The third product, Ten to […]

Lifetime Insurance Mortgage Expertsand Exclusive Connections enter into business alliance

LIME members and clients will have access to a comprehensive and professional packaging service from Exclusive Connections, the largest mortgage packager in the market. The service will be available via six of Exclusive Connections local offices and will provide members with access to a packaged panel of 17 lenders and an inclusive range of products […]

Abe and Modi

India: Modi, reform and the oil price fall

Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?


News and expert analysis straight to your inbox

Sign up