Scottish Widows has appointed Esther Dijsktra as head of its Intermediary Protection Propositions in anticipation of a launch towards the end of 2014.
First there was the ‘ticking time-bomb’ then the lenders began to withdraw their interest-only products. Now the Financial Conduct Authority has released a report suggesting a third of interest-only borrowers could face significant shortfalls at the end of their term.
Mortgage brokers are likely to face accusations of ‘mortgage mis-selling’ fuelled by claims management companies, a property lawyer has warned.
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Accord has increased the maximum loan-to-value it will lend on flats and apartments to 90% in order to help first-time buyers.
NatWest has announced it is cutting rates by up to 30 basis points on its Core residential range from tomorrow.
Interested in commercial mortgages? You’re not alone. Over half of brokers plan to diversify their business into the commercial finance sector in 2013, according to a study released last month.
Mortgage adviser firm John Charcol has reported the proportion of clients using Let to Buy rose by 40% last year.
A“feeding frenzy” of poorly advised overseas property buyers is leading to a glut of new-build properties, London Central Portfolio has warned.
Four-fifths of homeowners want more help for new lenders attempting to enter the mortgage market, according to a poll by Castle Trust.
The blame for the erosion of trust in financial services must be laid at the feet of everyone involved in the sector, the Financial Conduct Authority's (FCA's) director of supervision has said.
Saffron for Intermediaries will outline its niche product offerings at the AToM Brighton Seminar later this week.
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