Distribution legend John Malone, aka the Godfather of the mortgage market, may have retired more times than most people have had hot dinners but in February we revealed that this time it appeared to be for good. After 17-years at the helm of PMS he finally calls it a day at the end of this month, and enjoyed a whopping five retirement bashes last month as he waved goodbye to the industry. But the big question on everyone’s lips is whether this really is the last the market has seen of John Malone.
Brokers say scores from credit rating agency Experian are misleading potential borrowers by rating them as ‘excellent’ when their credit history shows otherwise. Firms say clients are obtaining ‘excellent’ ratings from Experian when they may end up being turned down for a mortgage, due to factors such as defaults or county court judgments. Perception Finance […]
Chancellor George Osborne travels to distant lands to find the Genie of the Piggy Bank Mark Carney but he meets a nasty end in his ill-fated quest
Council of Mortgage Lenders director general Paul Smee says he sees no justification in Help to Buy being extended beyond its planned end point in three years’ time. Giving evidence to MPs at a Treasury select committee today, Smee called on the Government to reveal its exit strategy for Help to Buy and ensure the […]
It’s that time of year when most of us can take a deep breath, put our feet up for a few days, eat, drink and be merry. However, spare a thought not only for those less fortunate but also for those having to plough on work-wise throughout the Christmas period. Although for some this is […]
This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]
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