FEATURED NEWS

Complete FS posts three day bridging completion record

April 19, 2018

Complete FS and Together have finished a bridging deal in three days from application to completion.

Key Retirement hires Lee Blackwell as director of PR

April 19, 2018

She was previously head of PR and media relations at the pensions and lifetime savings association, and before that head of PR at Partnership.


News

Shortgage of Scottish homes driving premiums up and selling times down

April 19, 2018

With only around 1000 homes listed for sale across Edinburgh, increased competition is driving premiums up and selling times down, Warners Solicitors and Estate Agents has found.

Ballymore won Developer of the Year award

April 19, 2018

Ballymore has been crowned  Developer of the Year at the Property Week awards on Tuesday 17 April while London City Island won the Placemaking Award.

3.76 million complaints about financial services firms

April 19, 2018

Complaints about payment protection insurance (PPI) drove a 13% increase in the number of complaints made to financial services firms in the second half of 2017, the FCA found.

John Heron: Buy-to-let changes have played to the strengths of specialist lenders

April 19, 2018

Buy-to-let changes including the stamp duty surcharge for landlords, mortgage tax relief and stricter underwriting for portfolio landlords have all benefited specialist lenders like Paragon, its managing director John Heron has declared.

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Family Building Society lowers rates

April 18, 2018

A number have been cut by 0.20%, including its 2-year fix at 2.49%, 3-year fix at 2.79%, 5-year fix at 2.99% with a £1,499 fee and 5-year fix at 3.19% with a £249 fee.

Popular barriers to equity release are based on misconceptions

April 18, 2018

Many of the most cited barriers to using equity release products, such as to remain in control of a property and to be able to pass it on as inheritance are based on misconceptions, Retirement Advantage has claimed after carrying out a survey.

MortgageForce enjoys record six months

April 18, 2018

The company has committed to growing its business in H2, especially in London where it has secured additional space at its headquarters next to the Bank Of England.

Virgin Money loosens buy-to-let criteria

April 18, 2018

The lender will now consider personal income to cover a shortfall in rent between 100% and 145% of the mortgage payment.

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Blogs

Mortgage Introducer

The Beast from the East and beyond: protecting your clients from flooding

Brokers should also be using seasonal shifts in the weather as a prime opportunity to check their clients are appropriately covered, should they be affected by flooding.

Mortgage Introducer

Does stretching out mortgage terms set up problems?

Borrowers with extended terms are far more likely to find themselves with borrowing which extends into retirement

Ed Payne

Open all hours – how to lead customers to your shop door

In my previous blog, I’ve talked about the reasons why I wanted to run my own mortgage and protection business and the initial hurdles to be overcome when sinking the foundations.

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Paul Hunt

Why always me?

Finally this week, plans for the regulation of estate agents have been proposed and these have been broadly welcomed by the sector and general public.

Eric Curran

Is another two years of Help to Buy good news?

In a property-owning democracy – to which, despite the ups and downs of the past few decades, most people in the UK still aspire – anything which allows young people to achieve the dream of their own space has to be unreservedly welcomed.

Bob Hunt

It’s just not cricket

Ball tampering and the parallels between sport and business

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