Almost 80% of consumers rent because barriers to saving and the eventual cost of the mortgage are just too high, according to research.
This week, regulation of the second charge market passed from the Office of Fair Trading to the Financial Conduct Authority.
Precise Mortgages has announced its Mortgage Market Review (MMR) readiness plans, with the lender promising brokers will see ‘minimal changes’ when submitting cases.
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Lenders, it seems, are preparing for the surge in business expected as a result of the MMR by loosening criteria and boosting their ranges.
LSL has launched a packaging arm called The Mortgage Processing Centre to help brokers place cases in the growing niche and specialist lending sector.
Precise has relaunched its buy to let mortgage range and increased the number of loans it will lend to individual landlords from three to five.
After growing its membership to 600 mortgage advisers since launch, The Buy to Let Business Mortgage Club has rebranded to the Buy to Let Club.
Equis, a specialist distribution and packager alliance of four firms launched in London today with a voluntary code of conduct ahead of the Mortgage Market Review implementation in April.
Manchester-based mortgage distributor 3mc has joined the Precise Mortgages Bridging Premier Panel.
More than half of mortgage advisers have been active in the secured loans sector in the last six months.
The secured loan industry is preparing for a bumper year in 2014, but how many cases have you completed in the last six months?
Here's our news quiz to test your knowledge of the week's most thought-provoking, quirkiest and downright bizarre moments on Mortgage Solutions.
Precise Mortgages has become the 25th lender to join The Buy to Let Business mortgage club panel.
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