Features
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...
Bridging is filling the finance gap
Keith Aldridge, managing director of Capital Bridging Finance, says that flexibility and innovation is driving the specialist short-term lending market...
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...
Mortgages & Housing
Loan providers urged to rock the status quo
Alexander Burgess, director at British Money, urges lenders to consider offering their customers free loan protection cover - it’s already happening
The green factor
Peter Stimson, managing director at Landmark Quest, Landmark Information, says that understanding environmental risks is important when making mortgage...
Consultancy at a distance
By Ray Hugill, consultant to Walker Morris LLP
Asset rich and cash poor?
By Marc Roberts, Target Group
Lender appetite for high LTV loans increases
The number of 95 per cent loan–to-value (LTV) mortgages is at its highest level since the financial global crisis, according to the latest Genworth/Moneyfacts...
Take a two-pronged debt and arrears management...
Ian Carr, portfolio servicing director at HML, explains how a two-pronged debt and arrears management strategy can help tackle underpaying accounts and...
Arrears
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...
Debt management firm to compensate 4,500...
Harrington Brooks will voluntarily pay over £185,000 in redress to more than 4,500 customers after communications from the firm to creditors on customers’...
Legal
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.
Conveyancing market shows signs of levelling...
Some conveyancers are reporting a slowdown in business as the property market continues to cool. As a consequence there is less optimism within the industry,...
The BADAS Act brings major changes to bankruptcy...
Rob Aberdein, partner at Scottish full service law firm Aberdein Considine, analyses the changes that the Bankruptcy and Debt Advice (Scotland) Act 2014...
Technology
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.
TSB improving customer service with new mobile...
TSB is launching a new mobile banking application as it responds to the growing number of customers managing their finances on the go.
Fitch places Acenden's servicer ratings on...
Mortgage servicing firm Acenden Limited has had its UK residential primary and special servicer ratings of 'RPS2+' (prime and sub-prime) and 'RSS2' placed...
Other
Homebuyers save £1 billion due to stamp...
Almost seven out of 10 (69 per cent) homebuyers across the UK are likely to benefit from the new stamp duty regime, according to Nationwide Building Society.
Melton opens transitional arrangements to...
In response to demand from brokers, the Melton has opened its transitional arrangements to the whole of market to help borrowers trapped by their current...
Annual house price growth continues to soften
The growth in annual house prices slowed for the sixth month in a row falling to 5.7 per cent in February from 6.8 per cent in January, according to Nationwide.
Lender appetite for high LTV loans increases
The number of 95 per cent loan–to-value (LTV) mortgages is at its highest level since the financial global crisis, according to the latest Genworth/Moneyfacts...
Government sells £500m of Lloyds shares
The government has sold a further £500 million of Lloyds Banking Group shares through the trading plan that was launched in December 2014.
EDM launches document scan for smartphone
EDM Mortgage Support Services (MSS) has launched a document upload facility for mortgage intermediaries that will enhance and speed up the approvals process...
Latest issue


ADVICE TO READERS
While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.

Mortgage Finance Gazette is published by © 2015 Metropolis International Group Ltd
140 Wales Farm Road, London, W3 6UG
Registered in England no. 02916515