Steve Larkin, Director of Development Finance at LendInvest, discusses the need for an experienced lender when choosing development finance and the reason why LendInvest’s are backing small to medium sized developers.
Virgin Money will soon pay brokers a procuration fee for retention business as part of a shakeup of its broker service. The payment will come as part of a new Virgin Money online system that lets brokers compare consumer mortgage options at the retention stage. Virgin Money mortgage director Peter Rogerson says the proc fee […]
HSBC has launched a market low sub-1 per cent two-year fixed rate mortgage on loans up to £500,000. The new HSBC product is fixed at 0.99 per cent with a £1,499 product fee up to 65 per cent LTV. The mortgage is available for purchases and remortgages. Customers can overpay up to 10 per cent […]
Sub-prime securitisations could return to the UK, according to industry experts, although they are likely to be less risky and more tailored to buyers than pre-credit crunch examples. The topic was thrust into the spotlight last week with the news that Fitch and DBRS had rated the first US sub-prime mortgage-backed securitisation since the financial […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.