Mortgage market review (mmr)
Getting expert advice is as important as it’s ever been and we all know the value that customers place on choice, product and service.
Mortgage service provider Target Group reported it more than doubled its profits last year from £2.2m to £5.5m, figures from its annual results have shown.
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Consumers are in need of individual protection more than ever before and its up to the adviser community to ensure this is tied up neatly with mortgage information, writes Bob Hunt, chief executive of Paradigm Mortgage Services.
It has been under a year since the transitional rules were first introduced via the Mortgage Market Review (MMR).
It appears that the mortgage rate war is over; interest rates have gone down as far as they can until there is nowhere else for them to go.
After nearly 12 years at London-based independent mortgage advice firm Alexander Hall, Andy Pratt has decided to step down as CEO at the end of May.
The Financial Conduct Authority (FCA) is to conduct a review examining aspects of the mortgage market which are failing to benefit the consumer.
As bridging finance is increasingly pushed into the mainstream lending market, there are opportunities for older borrowers to take advantage of these products, writes Benson Hersch, CEO of the Association of Short Term Lenders.
The property market appears to have entered a pre-election slowdown following muted growth in March.
In this marketplace, advisers are constantly being told of the importance of ‘developing new strings to their bow' or ‘adding tools to their tool kit'.
Ipswich Building Society reported falling mortgage and savings assets last year after ‘unprecedented change' led it to divert attention away from writing new business.
Confidence among brokers surged in quarter four of 2014 following a fall in optimism in Q2, data shows.
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