View more on these topics

Melton Mowbray increases minimum loan size

Melton Mowbray Building Society has increased its minimum loan size to £90,000.

Previously, the Melton would lend as little as £75,000 for loans above 85 per cent LTV. 

A spokeswoman says: “We have merely adjusted policy in line with practice.”


Doug Hall

60 Seconds with… Doug Hall, director, 3mc

You have recently started a column for Mortgage Strategy on the commercial sector. What are the sector’s prospects in 2015 and what advice would you give brokers looking to it as a new source of income? 2015 looks like it will be a good year for commercial lending, with the economy strengthening and investors showing […]


The Mortgage Mole: Pressing too hard?

Pressing too hard? Not too long ago, Mole informed our readers about a particularly amusing press release received by the Mortgage Strategy desk that contained a template for creating the perfect press release. The team was bewildered to see the email, which unwittingly laid bare the process of releasing a press statement by disclosing rules […]

Call for evidence on retrospective regulation ‘produces no examples’

The FCA says a call for evidence on retrospective regulation has produced no genuine examples of where it has applied its rules retrospectively. In August the regulator asked firms to send it examples of retrospective regulation. It defines this as the application of “a more demanding standard or interpretation of the rules after the event, with […]


News and expert analysis straight to your inbox

Sign up