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The Mortgage Mole


Another hectic week for Mole, last week. After dashing back from the Edinburgh Festival courtesy of those charmers at Intelligent Finance it was on to Dublin for Bankhall&#39s glitzy awards ceremony. Mole was, of course, only there as an observer leaving the seriously stupid drinking to Ironside who, as usual, was on form. Let us say no more.


Meanwhile those wheels were in motion on Sunday as Ironside, features ed Helen and hackette Natalie ran the 5k Flora Light Challenge for Women in London&#39s Hyde Park. Those good folk at Kensington not only ran in the race but have given over £1,000 in sponsorship. This will go to the Breast Cancer Campaign. More donations for this fantastic cause would be much appreciated. Send cheques payable to the charity to MS at 50 Poland Street, W1F 7AX.


Mole can hardly wait for his trip to Poland this week to watch England in their World Cup qualifier courtesy of the kindly folk at The Finance Centre. While observing whether England can bounce back from their Euro 2004 disappointment Mole will also be keeping tabs on Sven&#39s post-match activities. Not to mention TFC&#39s affable Wayne Smethurst.


New homes market stable as confidence returning

The announcement follows three consecutive months of decreases as the fear of interest rate rises and uncertainty over the market combined with the annual summer slowdown had its effect on price levels. However the figures show that the seasonal dip is now over and prices are rising again, albeit more steadily than in previous years. […]

Landlords plan to remortgage in 12 months

Almost two-thirds (63%) of existing landlords, responding to a major property investor show survey of property investors, have declared their intentions to remortgage within the next 12 months. In contrast, The Council of Mortgage Lenders says only 15% of all residential mortgage holders over the past year have remortgaged. This implies that investor landlords are […]

Mutual benefits of dealing with societies

The big guns of BMS having made their position clear by withdrawing the KFI facility from sourcing systems, others will surely follow. But most things move in cycles and I believe brokers could look at going back to how things were done in the good old days. Specifically, dealing more with building societies could lead […]

Read the application, Nick

From Andy SchleiderI read with interest and agree with most of Nick Walker&#39s letter in your August 2 issue. The only thing I ask him to do is to look at the mortgage application for The Mortgage Works (previously Sun Bank, now part of Portman). It has a non-status offering and an affordability declaration clients […]


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