FEATURED NEWS

ASTL: Brokers are submitting bridging applications to multiple lenders

benson hersch

February 21, 2017

According to the ASTL this explains why applications increased by 34% year-on-year in 2016 but the value of loans written only rose by 9.4%.

HSBC hires Richard Croll as a BDM for Surrey

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February 21, 2017

Croll has 15 years’ experience in the second charge market, having worked at Step One Finance as a national broker account manager and Loans Warehouse as a broker relationship manager.


News

Cambridge Building Society achieves record 2016

cambridge river punt

February 21, 2017

The society saw lending introduced by intermediaries reach £186m, with it doubling the number it worked with.

Together appoints two managers in commercial division

together appointments

February 20, 2017

Walsh has joined as a commercial underwriting manager and will oversee the commercial broker teams, focusing on bridging, commercial and semi-commercial lending.

Barclays tailors mortgages to entrepreneurs

barclays

February 20, 2017

To be a Barclays Wealth & Investments customer you have to hold more than £500,000 of investments with the bank.

TSB to deploy IRESS mortgage technology

TSB

February 20, 2017

It will also include scan and attach software and the digitisation of services such as valuations in a bid to make the mortgage process paperless.

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Online brokers a threat to small firms

businessman-fight

February 20, 2017

IMLA’s ‘Insights into the changing shape of the lender broker relationship’ report found that lenders and brokers reckon the market is gradually moving to a point where mortgages are exclusively bought online.

Family Building Society adds lump sum to retirement lifestyle booster

old happy couple equity release retirement

February 20, 2017

The enhancement is designed to giver borrowers the opportunity to make home improvements or go on holiday.

Scottish Widows updates critical illness definitions

medical medicine doctor

February 20, 2017

The insurer has introduced an additional payment for cancer in situ (where the growth or tumour is confined to where it started) requiring surgery.

Leeds Building Society to pay retention proc fees

leeds-building-society

February 20, 2017

Following Nationwide’s announcement earlier today, Leeds said it will also pay a full proc fee to brokers helping existing borrowers to port their mortgages.

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Blogs

bob hunt

Bob Hunt

GI really should be a new chapter for your business

The referral option should not be viewed as a ‘poor relation’ to providing the advice yourself.

Steve Bryan

The issues facing first-time buyers

There no is a better time than any for advisers to help close the ‘protection gap’ and discuss protection with this new generation of homeowners.

Tony Ward large

Tony Ward

Why the principles of Dodd-Frank should not be neglected

A relaxation of capital requirements, to my mind, would not be a good thing. Simplification must not come at the price of security.

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Mortgage Introducer

FCA takes first criminal action under Consumer Credit Act

This is the first time the FCA has pursued criminal action against an individual in accordance with its consumer credit powers.

Tony Ward large

Tony Ward

My hopes for the housing white paper

Tony Ward talks green belt and planning rules affecting housebuilding ahead of the housing white paper.

Mortgage Introducer

Responsible lending: The broker balancing act

The sooner brokers embrace transparency as a business imperative, the faster they will prosper.

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