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Salt pulls out of market

Salt is to withdraw from the residential mortgage market. Its deadline for direct business is 6pm on September 12, while packager applications with decisions in principle must be received by 6pm on September 19.

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CML bemoans slow progress on arrears protocol

The Council of Mortgage Lenders has lashed out at the Civil Justice Council for its inability to finalise an arrears protocol for lenders.In a letter to chancellor Alistair Darling, the CML outlines what it is doing to help home owners facing arrears and repossession and calls on the CJC to redraft its mortgage arrears protocol, […]

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