Top Stories

  • Bank of England requests LTI cap powers

    The Bank of England has requested powers to require lenders to place limits on residential mortgage lending, including BTL, in respect of LTVs and debt to income ratios. Read more

  • HSBC to offer mortgages through brokers

    From Monday 6 October, HSBC will start to offer its mortgages through a broker. Read more

  • Brokers say lenders too risk averse post-MMR

    Over seven out of 10 (72%) mortgage brokers believe lenders are now too risk averse as a result of the Mortgage Market Review, including 23% who say they have become excessively so, according to research commissioned by EDM Mortgage Support Services. Read more

  • Wonga to write off 300,000 loans after FCA intervene

    Wonga has entered into an agreement with the Financial Conduct Authority that requires it to make significant changes to its business immediately. Read more

Latest News

Blemain Group goes for growth as it celebrates 40 years

CML welcomes Help to Buy comments from FPC

New lender joins CML

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Santander improves rates for existing mortgage customers

Virgin Money to float on stock exchange

Half of UK mortgage holders unprepared for rate rises

Skipton launches 7-day FTB sale

Quarter of self-employed refused mortgages

Barclays unveils limited edition mortgages

Latest News

Intelliflo appoints ex-Avelo MD David Child as Interim Chief Operating Officer

Popular This Week

Protection

Canada Life enhances group protection insurance

Canada Life has made enhancements to its group insurance which will benefit members and their families who have its group income protection and group critical illness products.

Special Features

Should brokers pick a lender based on proc fees?

Throwing stones is always dangerous, particularly if you’re a lender and you’re throwing them at brokers. But I am going to throw this stone.

Latest Comments

John Wilson
23 Sep 2014 John Wilson

I am no lover of the banks, but this "they can afford it - bleed 'em dry" approach is such a transparent fund raiser to ensure the continued gravy train for the FCA employees, that it makes me cringe. How much risk were we customers actually at, I wonder, and can the government not be more honest and just admit it's a "banker's levy"?

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Geoff Laird
15 Sep 2014 Geoff Laird

Finally this lender has woken up to the realities of life in the intermediary sector and the economic realities of placing BTL business with lenders: their next move should be to accommodate the professional property investor and less on the novice landlord.

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Paul Woolley
10 Sep 2014 Paul Woolley

Face to face is the only way forward on this topic. No other way is treating customers fairly.

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John Fisher
02 Sep 2014 John Fisher

surely thanks to MMR the rate is no longer important, as long as the mortgage is affordable!

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In The Spotlight

In The Spotlight

Steve Gandy, CEO of MeetingZone

We spoke to Steve Gandy of MeetingZone about how unified communications can help the financial services industry. Read more

Features

Should brokers pick a lender based on proc fees?

Throwing stones is always dangerous, particularly if you’re a lender and you’re throwing them at brokers. But I am going to throw this stone. Read more

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