Mortgage market review (mmr)
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.
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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.
Ipswich Building Society has opened its doors to mortgage prisoners trapped with their existing lender because they fail to meet tougher affordability requirements brought in by the Mortgage Market Review (MMR).
Each week Mortgage Solutions picks the most opinionated or thoughtful reader contributions from our article comments and letters to the editor.
The number of properties being repossessed fell to its lowest rate since the financial crisis, figures from the Council of Mortgage Lenders (CML) have shown.
House purchase approvals grew faster in January than at any point since April 2009, figures released by e.surv suggested.
For proof that the winds of change are blowing in favour of the intermediary, look to the distribution sector, where lenders have been asked to pitch their service and commercial propositions to win a spot on Openwork's network.
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