Features
Launch of the annual MFG Awards
Now in its 15th year, the Mortgage Finance Gazette Awards acknowledge the achievements of the mortgage lending industry, covering anything from an innovative...
A holistic view of borrowers’ total indebtedness...
The old arrears and collection habits of the mortgage industry need to make way for a holistic approach, explains Angela Lawson, supplier relationship...
Penrith - small but perfectly formed
The phrase ‘small is beautiful’ fits Penrith Building Society just perfectly. Winner of the What Mortgage Best Local Building Society for 2014, the...
Putting the customer at the heart of the...
For the mortgage arrears market, the FCA’s ‘customer journey’ initiative has far-reaching ramifications. The market is now under pressure to ensure...
Banking technology supports building society...
For Ahmed Michla, head of UK marketing at specialist mortgage software solutions provider Sopra Banking Software, now is the time to look beyond operational...
Building societies - diverse and strong
Chief executive of the Building Societies Association, Robin Fieth, talks to Rebekah Commane about his experiences during his first six months in the industry...
Mortgages & Housing
Magellan to provide mortgages for clients...
Magellan Homeloans, the specialist credit repair lender, is working with Payplan Financial Services (PFS) to make credit repair mortgage facilities available...
Switch from seller's to buyer's market this...
The UK's housing market is set to move in favour of buyers in the second half of this year, according to independent real estate agents haart.
Middle-aged lodgers on the rise
Nearly twice as many homeowners have a lodger now compared to five years ago, a new study shows.
CML forecasts improve
The Council of Mortgage Lenders has revised its market forecasts upwards in the face of stronger-than expected mortgage lending.
Buyer registrations soar 21 per cent in a...
Demand is high for houses outside London, a new report from Sequence shows.
Room for new entrants
By David Tweedy, market relations director at Target Group
Arrears
Bank of Scotland to appeal Northern Ireland...
The Bank of Scotland is to appeal the decision made in the High Court Case in Belfast over three customers who won their case against the bank for unfair...
Repossession and property maintenance contractor...
Stowe Property Management Services has been awarded the ISO 9001 Quality Management standard from BSI.
Bank of Scotland held to account over bad...
A group of Bank of Scotland mortgage holders have won their High Court Case in Belfast over a problem relating to how the lender was dealing with their...
Borrowers at financial limits, says British...
News that wages have grown at their slowest rate - 0.6 per cent - since records began has prompted British Money to remind lenders that borrowers are at...
Mortgage arrears, repossessions decline again
Arrears and repossessions continued to fall in the second quarter of 2014, according to data published today by the Council of Mortgage Lenders (CML).
Repossessed properties sell for 60 - 70 per...
Properties that have been repossessed were typically sold 30 to 40 per cent below value between 2008 and 2013, according to new data from third-party mortgage...
Legal
Bank of Scotland to appeal Northern Ireland...
The Bank of Scotland is to appeal the decision made in the High Court Case in Belfast over three customers who won their case against the bank for unfair...
Two new conveyancing apprenticeships announced
Total Conveyancing Services is part of a consortium that has developed two new apprenticeships, offering individuals the opportunity to become a licensed...
SLC in tie up with Conveyancing Map
The Society of Licensed Conveyancers (SLC) has announced a tie up with the newly launched Conveyancing Map with a special deal for its members.
CLC warns of rise in legal firms being cloned
There have been a number of reports of bogus offices being set up as clones of legal practices in order to steal mortgage loans or advances as well as...
DC Law launches training academy for conveyancers
The DC Law Training Academy has been launched by the conveyancing arm of Move with Us to tackle the shortage of conveyancers in the current market which...
Law Society reacts to professional indemnity...
The Solicitors Regulation Authority board has decided to implement two of its proposals for reforms to professional indemnity insurance (PII) cover.
Technology
ID checking for AML purposes
Searches UK offers a comprehensive identify checking service for firms to ensure that their clients are who they say they are.
Cat and mouse game between fraudsters and...
By Peter Stimson, managing director – financial risk at Landmark Information Group
Security for mobile platforms
By Dave Patel, managing director of DPR Consulting
Internet banking surges by nearly 40 per...
Customers of Britain’s high street banks used internet banking 6.9 billion times in 2013, according to industry statistics compiled by the British Bankers’...
Callcredit helps Union Bank of India (UK)...
Union Bank of India (UK) Ltd has chosen to work with Callcredit Information Group to help with the prevention of money laundering for its UK business.
Crown signs three new standby servicing agreements
Crown Mortgage Management, part of Capita plc, has signed three new agreements to provide standby administration services to Aldermore Bank, Masthaven...
Other
Homes for Scotland disappointed at lack of...
Builders in Scotland have warned that the rug is being pulled from beneath them as new figures demonstrate the importance of the Help to Buy scheme, which...
New guidance on loan-to-income caps
The Financial Conduct Authority has published its proposed guidelines on the planned loan-to-income cap for residential mortgages.
Public Accounts Committee critical of Help...
The government has yet to demonstrate that the Help to Buy scheme provides value for money and the Department for Communities and Local Government (CLG)...
House prices continue to rise, up 2 per cent...
House prices continue to rise, up 2 per cent in three months House prices in the UK are continuing to grow at a steady pace, the latest data has shown.
Finding insurance for flooding proves difficult
A survey of 371 people - 172 insurance customers and 199 insurance brokers – carried out by the British Insurance Brokers’ Association (BIBA), has...
Virgin Money tops £20 billion mortgage mark
Mortgage lending at Virgin Money has exceeded the £20 billion mark.
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