GE Money Home Lending plans to launch its products into the packager market exclusively via the Regulatory Alliance of Mortgage Packagers.The lender has confirmed to Mortgage Strategy that it has been working with RAMP for some months looking at a proposition for an exclusive deal with its members. Duncan Berry, director of mortgage sales at GE Money Home Lending, says: “We have been a strong supporter of RAMP since its inception and continue to work closely with it. We are looking to launch some exclusive deals soon.” John Rice, managing director of RAMP, adds: “We try to work closely with our panel lenders and GE Money Home Lending is likely to become increasingly significant in the coming years.” Details of the proposition will be released in the new year.
Mortgages Direct, the financial subsidiary of Spicerhaart, has revealed that more borrowers are continuing to opt for fixed rate deals because they arent convinced low level of interest rates will hold.Research from Mortgages Direct shows 96% of borrowers opt for fixed rate deals of two to five years. Peter Gladdy, director of Mortgages Direct, says: […]
Over half of landlords and letting agents polled on the Local Housing Allowance Pathfinders scheme say it has made them less likely to want to let to Housing Benefit tenants. Awareness of the scheme was common among respondents. Some 85% of landlords and letting agents had heard of the benefit.
All intermediaries should live off fees rather than commission and it would be a good thing if the regulator had the bottle to impose this on the industry, says Sue Read
The Association of Residential Letting Agents is urging landlords to complete its online survey.ARLA research aims to counter misconceptions about the buy-to-let market so both the private rented sector and private investors can make informed judgements. It is therefore urging landlord to completes its survey, the results of which can be used to inform and […]
Capital Market Notes, December 2016 David Lafferty, Chief Market Strategist, and Dave Goodsell from Natixis Global Asset Management’s Durable Portfolio Construction Research Centre, assess how institutional investors view central bank policies from across the globe. Read the full article here:
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