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Lender changes sub-prime range

London Scottish Mortgages has changed its range of sub-prime residential mortgages after a review in consultation with brokers and packagers.

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Advantage to host Flexishare workshops

Advantage, a Morgan Stanley Group company, has revealed the dates and venues for its forthcoming mortgage intermediary Flexishare workshops. The workshops are set to start on August 16 at the Hilton Hotel in Glasgow and will then travel to nine other destinations across the country. The workshops will feature an presentation about Flexishare, a question […]

CML says repossessions have increased

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 […]

TMP adds edeus to lending panel

The Mortgage Alliance has added edeus to its panel of lenders. John Coffield, acting head of The Mortgage Alliance, says, With the quality of people running edeus, the strength of their proposition and the undoubted impact they will make in the market, TMA welcomes this new lender to the panel. I am very sure that […]

Don’t rely on systems to source B2L deals

The intermediary mortgage market is becoming more reliant on technology by the day and the future is likely to see this trend continue. I presume that everyone in our market uses one computer programme or another during their working week.

Guarantees in the retirement income market

Lorna Blyth, Royal London  Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]

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