Easier2Move has teamed up with Thinc Destini Group to provide a conveyancing service to the group’s advisers.
The Financial Services Authority will continue to monitor mortgage brokers’ financial promotions, having found little improvement in the number of promotions meeting regulatory standards. While sectors such as investment have upped their game, the FSA says sub-prime and equity release financial promotions are still not up to scratch. Common failings identified in relation to sub-prime […]
The Council of Mortgage Lenders says the number of properties taken into possession by mortgage lenders rose in the first half of this year.But the rate of increase in long-term arrears slowed, and shorter-term arrears fell, suggesting that the outlook going forward is not necessarily one of increasing numbers of repossessions.Therefore, we have not changed […]
Enterprise Group has appointed Harry Landy to the role of group sales director. This appointment follows the recent departure of Daniel Lee, who left in July to move onto new projects.Enterprise has built close relationships with many of the major mortgage networks in the UK including Openwork, Thinc Destini, Home of Choice, Mint and Positive […]
Interest rate, drawdown flexibility, LTVs and early repayment charges are the big ticket items for product selection in the equity release market. But thought must also be given to service standards.
Traditional development finance must price in project and liquidity risk, but if your project is completed and you have begun selling units you could be eligible for cheaper funding, writes Matthew Tooth of Lendinvest. A product which prices purely for liquidity risk is one way to help developers lower their costs. This type of product allows […]
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