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...
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...
Moving from public to private mortgage insurance
Countries such as Australia and Canada have experience of providing state guarantees when it comes to high loan-to-value lending but most have now moved...
All properties are equal - but some are more...
Peter Stimson, managing director – financial risk at Landmark Information Group, suggests that lenders should look forward and review some of the new...
Lloyds Banking Group undertakes one of Europe’s...
Unisys helps successfully migrate 1.7 million Lloyds Banking Group mortgages, on time and within budget
The retail savings market: mortgage finance...
Brian Morris, head of savings policy at the Building Societies Association, gives an insight into the retail savings market and what changes are on the...
Mortgages & Housing
Room for new entrants
By David Tweedy, market relations director at Target Group
New FPC measures mustn’t discriminate against...
By Paul Hunt, managing director of Phoebus Software Ltd
FCA starts debate on fairness of mortgage...
Consumers and firms are to be asked for their views on how fairness should be assessed when lenders make changes to the terms of mortgage contracts, and...
FPC to cap loan-to-income ratio at 4.5
The Financial Policy Committee (FPC) has proposed new rules for mortgage lenders which caps loan-to-income ratios and includes interest rate stress tests...
A third of people will be saddled with a...
Over a third of homeowners (36 per cent) will be older than they had originally planned by the time they pay off their mortgage, new research from Equifax...
Consumer confidence in the housing market...
The number of people who think that now is a good time to buy a home is at its lowest level since June 2008.
Arrears
188,000 former mortgage holders could still...
More than 188,000 former UK mortgage holders could still owe their previous lender money, says HML, as it estimates 83 per cent of repossessions are in...
Debt-rehab specialists to visit interest-only...
A third of interest-only borrowers don’t know how they will pay off their loan, with 15 per cent unable to afford the repayment, study reveals
Mortgage Rescue Scheme – a lifeline or...
With the government’s Mortgage Rescue Scheme having closed to applicants in England in March 2014, Paul Luukas, solicitor-advocate at nationwide advocacy...
A strengthening housing market
Peter Gammon, director of Move with Us, looks behind the myths to see what’s really going on in today’s property market
The importance of arrears strategy in the...
By David Tweedy, market relations director at Target Group
Keys to unlock mortgage shortfall debt recovery
Marc Dawson, shortfall debt recovery (SDR) manager at HML, explains the four essential components required to carry out a successful mortgage SDR campaign...
Legal
Goldsmith Williams to re-focus on lender...
Goldsmith Williams will no longer take conveyancing instructions directly from brokers and introducers and instead will work directly with lenders.
Work starts on the Law Society’s Conveyancing...
The Law Society is to launch the Conveyancing Portal, an online service that will help solicitors and licensed conveyancers save money and will speed up...
Lack of consistency in leasehold charges...
myhomemove is calling for greater consistency and clarity from management companies and landlords, in relation to the charges they levy at clients who...
Shakespeares wins contract with Coventry...
Following an intensive tender process, growing Midlands law firm Shakespeares has successfully won renewed and extended contracts with Coventry Building...
Lack of conveyancers in London’s booming...
There is a shortage of conveyancers in London with vacancies increasing by 34 per cent between quarter four 2013 and quarter one 2014, according to the...
Legal Ombudsman calls into question lawyers’...
The Legal Ombudsman has reported a number of complaints regarding stamp duty land tax.
Technology
Skipton sells HML for £47.5 million
Homeloan Management Limited (HML), the mortgage servicing subsidiary of Skipton Building Society, has been sold to Computershare Limited.
Link Financial Group appoints UK CEO
Steven White has been appointed as chief executive officer at Link Financial Outsourcing.
Ensuring excellence in customer services
By Dave Patel, managing director of DPR Consulting
Affordability: Is it really the risk we should...
By Peter Stimson, managing director – financial risk at Landmark Information Group
Lloyds Banking Group undertakes one of Europe’s...
Unisys helps successfully migrate 1.7 million Lloyds Banking Group mortgages, on time and within budget
Phoebus to launch in the Republic of Ireland
Phoebus Software Limited (PSL) is planning to launch into the Republic of Ireland in the third quarter of this year.
Other
Act now to avoid household debt crisis, foundation...
Interest rates will spell disaster for millions of indebted households if the government does not take action now, the Resolution Foundation warns.
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.
Post Office widens mortgage distribution
The Post Office and its financial services partner Bank of Ireland UK are to distribute mortgages via intermediaries for the first time through Legal &...
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