Moore and Blatch has warned that lenders need to keep a watchful eye on arrears as the unemployed find it harder to regain work.
Although the equity release market holds huge potential, and consequently presents great sales opportunities for mortgage brokers and IFAs, it is also one of the most controversial and complex areas of mainstream personal finance. Brokers are taking on board the complexities of equity release, but there are still instances of poor practice in this field. […]
This year marks the 10th anniversary of the introduction of buy-to-let mortgages. Those who bought properties 10 years ago are likely to have seen stellar returns on their investment – the average house price has risen from just over 66,000 to nearly 180,000.
The industry could see two-hour mortgage completions as early as next year, says the director of Close Mortgages, Bob Golden. Golden says that with automated valuation models, credit scoring systems and title insurance, processing applications will become much easier, especially for remortgaging. But he adds that small and medium-sized societies may lose out as they […]
Hamptons International – parent group of Hamptons Mortgages – was sold last week for 82m to Dubai-based Emaar Properties by owner Wheelock Properties. The group says the news will be a boost for the entire Hamptons UK operation including the estate agency business and the mortgage brokerage. Kevin Duffy, managing director of Hamptons Mortgages, says […]
Jelf Employee Benefits has given its initial thoughts on the chancellor’s 2014 Autumn Statement. The company is seeking to isolate the sections of the speech (and the supporting document) that are relevant to the employee benefits debate. The first such area is pensions related.
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