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Category: News

In a personal plea to guest speaker FSA Chairman Sir Howard Davies, Lord Hunt said: “I urge the FSA to deploy rigorous self-denial on new…

The Mortgage Alliance (TMA), the Scottish Mutual and Scottish Provident Mortgage Club, has launched a customised version of Trigold – the independent trading platform, which…

SPML appoints Gavin Hunt

His responsibilities include all aspects of compliance, but in particular, Gavin will be managing the transition from voluntary to statutory regulation by the FSA in…

The move was prompted by increasing demand from members for this type of product and, especially, more and more existing landlords with investment mortgages looking…

Ten-year fix at 4.99%

The product is fixed at 4.99% until 01/01/13 and has flexible features, including overpayments and payment holidays. The maximum loan-to-value is 95%; the arrangement fee…

Hedge your bets with Savills

Borrowers have the option of splitting their mortgage in any proportion between a two-year 3.85% fixed-rate loan and a two-year tracker at 0.15% below the…

Housing market hits the brakes

This is in sharp contrast to the strong monthly rise of 2.7% recorded for October, and follows the exceptional 22.2% rise in prices over the…

Millennium appointments

This follows the announcement of major expansion plans to the group’s already increasing £180 million annual mortgage business. Commenting on the appointments, Simon Kuun, managing…

Remortgaging once again hit record levels, accounting for 43% of total lending in October. It totalled £8.9 billion, the highest monthly figure since the survey…

The Above Average rating is the second highest servicer evaluation rating awarded by Standard and Poor’s. Comenting on the decision, Angela Davies, SPML’s operations director,…