Features
Mortgage funding in 2015
Tony Ward, president and chief executive of Clayton Euro Risk, looks at the various options available to lenders for funding their mortgage books, including...
Tackling the housing shortage
Guests at the Mortgage Finance Gazette Lunch Club, in association with Legal & General Surveying Services, gathered to discuss new build housing strategy
What happens when housing becomes part of...
With a General Election around the corner, Vanya Damyanova looks at housing policy and what the different political parties might bring to the property...
A new build vision
It’s no secret that Britain is in desperate need of more housing. Steve Goodall, Legal & General Surveying Services, looks at the challenges the...
The inexorable rise of the new lenders and...
More mortgage providers joining the market is good news for third party servicing firms and new business will drive change. David Tweedy, market relations...
The changing mortgage landscape
David Carrington, marketing director at Personal Touch Financial Services, looks at how the Mortgage Market Review has impacted on lenders, brokers and...
Mortgages & Housing
Mortgage affordability improving, says MAB
The average primary salary of a purchase mortgage applicant fell to its lowest point in over two years in March, according to the National Mortgage Index...
Election jitters dent house purchase approvals...
Fewer house purchases were approved in March as borrower uncertainty grows in the run-up to the General Election, according to the latest Mortgage Monitor...
A seamless approach to mortgage lending
Peter Stimson, managing director – Landmark Quest, Landmark Information Group, explains how the different stages of mortgage application should be checked...
Right-to-Buy legacy
Peter Glover discusses mortgage lending on pre-caste concrete properties in light of two events – Right-to-Buy and a fire
The changing face of mortgage servicing
The mortgage servicing sector is undergoing a transformation, particularly as retail banks deleverage non-core assets and challenger banks enter the market,...
Are you prepared for the technology revolution?
By Geraint Chamberlain, principal consultant at Target Group
Arrears
Irish RMBS see first sustained fall in arrears...
For the first time since 2005, Irish residential mortgage backed securities (RMBS) loans in arrears by more than three months declined to a low of 17.7...
Mortgage arrears, home repossessions at lowest...
Both mortgages in arrears and home repossessions in 2014 plunged to their lowest number in eight years, the latest figures from the Council of Mortgage...
Fitch reports continuing drop in mortgage...
The volume of UK loans in severe arrears has shrunk further in 2014, according to the latest data from Fitch Ratings.
Exploring the vagaries of the arrears market
The Council of Mortgage Lenders latest arrears statistics showed that the number of homeowners behind with their mortgage payments had fallen to its lowest...
Half of borrowers unprepared for mortgage...
Just over half (52 per cent) of UK mortgage-holders who earn an income don’t have a plan in place to cover repayments if they fall too ill to earn for...
Home repossessions decline in H1 2014
Households across England and Wales had less financial worries in the first half of 2014, which is reflected in the falling number repossessions over the...
Legal
Protect client data, warns law firm
A new ruling means that compensation is now payable without the need to show financial loss in the event of data breaches, warns law firm Moore Blatch.
Be vigilant - SRA warns after new bank scam
A small north east conveyancing firm has become the latest victim of telephone bank scammers and has lost a significant amount from its account.
Compensation for couple after conveyancer...
A couple purchasing a property in Cumbria have successfully sued their conveyancer because development plans to build a wind farm were not picked up in...
New conveyancing portal aims to tackle fraud
Reports of fake law firms have increased by 125 per cent in the last two years, according to figures from the Solicitors Regulation Authority (SRA).
West Brom wins tracker rate legal case
In the High Court yesterday, West Brom successfully defended its decision to raise the interest rate on buy-to-let tracker mortgages for some of its customers.
LMS in new partnership with The Melton Building...
Conveyancing panel management specialist LMS is partnering with The Melton Building Society.
Technology
Fitch upgrades Exact’s servicer ratings
Charter Court Financial Services Limited (CCFS), which operates under the brand names of Precise Mortgages and Exact Mortgage Experts, has received upgrades...
Stonebridge launches new marketing tool
Stonebridge Group, the mortgage and insurance network, has launched a new marketing tool for its Revolution business solution software system.
Rapid implementation for new lenders
By Dave Patel, managing director of DPR Consulting
2015 and beyond – expansion in equity release
By Paul Hunt, managing director of Phoebus Software Ltd
Commercial valuation exchange platform from...
EDM Mortgage Support Services has launched a valuation exchange platform for commercial lenders and valuers.
AIB to pilot Vizolution’s vScreen
Allied Irish Bank (AIB) is piloting vScreen, the screen sharing solution from Vizolution, in its contact centre.
Other
Rise in equity release to boost pension income
Seven out of 10 (70 per cent) of equity release advisers expect the market to continue to grow over the next six months, despite the short-term effect...
47,000 new households benefit from Help to...
In the first two years of the Help to Buy: Equity Loan scheme, 47,018 properties were bought and the majority went to first-time buyers (38,703), representing...
The Co-operative Bank launches lowest ever...
The Co-operative Bank has launched a two-year fixed rate mortgage at 1.09 per cent - the UK’s lowest ever according to Moneyfacts.
Glasgow Credit Union helps FTBs buyers with...
A new mortgage promise has been set out by Glasgow Credit Union to help its members buy a home by pledging to make £10 million available.
The Mansfield boasts intermediary business...
The Mansfield Building Society is very pleased with the expansion of its intermediary sourced business, which saw an increase of over 34 per cent last...
Decrease in house buyers following MMR
Two thirds of estate agents have reported a decrease in buyers following the Mortgage Market Review.
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