Mortgage advice bureau (mab)
Each Friday, Mortgage Solutions rounds up the most popular articles on the website over the past week.
Appetite for mortgage finance is increasingly from higher earners as they compete with the buy-to-let market, according to the Mortgage Advice Bureau.
Launched by the publishers of Mortgage Solutions, the second British New Homes Mortgage Senate brought builders brokers and mortgage lenders together to examine the critical issues facing the new-build sector.
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House purchase approvals fell to their lowest level since July 2013 in September, according to statistics from the Bank of England.
Disappointing several suitors, AR network and leading intermediary brand Mortgage Advice Bureau has announced plans to list on the Alternative Investment Market.
Mortgage Solutions hosted the second British New Homes Senate in Hertfordshire last week gathering key building firms, lenders and new-build specialist brokers to debate the future of the industry. This invite-only event was held under Chatham House rules.
FCA policy boss Lynda Blackwell is set to hit the road to Birmingham, Manchester and Newcastle with Mortgage Solutions' Mortgage and Protection Event.
All types of lending declined in August compared to July, according to the Council of Mortgage Lenders (CML).
First-time buyers using the Help to Buy equity loan scheme are paying a quarter less for their new build home, as the average purchase price under the scheme fell for the third month in a row.
Mortgage brokers should be charging clients for their services rather than demanding higher procuration fees from lenders, IMLA's Charles Haresnape has said.
A vast majority of UK intermediaries will have a trading name rather than necessarily a consumer brand, as that takes a significant level of investment and resource over a great many years to build.
A resurgence of interest in the remortgage market from borrowers who have lain dormant since the financial crisis could drive the market up to £80bn in 2016.
Trainees have an important role to play as intermediaries look to grow and diversify in a recovering market, however they are not the answer unless as a business owner you are prepared to invest the time, money and resource to build what can be an extremely valuable asset to the business.
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