Mortgage market review (mmr)
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.
Other Mortgage market review (mmr) articles
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.
The Connells Group reported a 13% increase in completed mortgages and a boost to its personnel bringing the number of its mortgage advisers to over 500, it announced in its 2014 annual results.
It might be just me but the amount of jargon and acronyms in our industry is crazy. I recently experienced this trying to explain my job to friends.
The Melton Building Society has joined the Ipswich in changing its policy to consider mortgage applications from borrowers transferring from other lenders under the transitional arrangements in the Mortgage Market Review (MMR).
Lenders are failing to satisfy mortgage brokers' desires for more efficient and transparent mortgage application processing, according to a new report.
Virgin Money has launched a series of service commitments for intermediaries, which it hopes will allow it to compete with the biggest brands on the market and become the broker's ‘lender of choice'.
It has perhaps gone a little bit quiet on the interest-only mortgages front. During 2013, interest-only mortgages were a hot topic - and at HML, we certainly haven't taken our foot off the pedal when it comes to customer contact campaigns.
Building societies reported a slowdown in mortgage lending in the final quarter of 2014 as approvals dropped 7% and lending fell from £14.2bn to £13.8bn.
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