In the investment sector they say past performance is no guarantee of future results. A pretty logical disclaimer, you might think...
Virgin Money, Goldman Sachs, Metro Bank and buy-to-let lender Paragon have all reportedly interested in buying specialist mortgage lender Kensington which was put up for sale by South African banking firm Investec last month.
The regulation of estate agents is to be transferred from the Office of Fair Trading to Powys Trading Standards following a successful bid for the contract to govern the sector.
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The latest statistics from the Council of Mortgage Lenders showed buy-to-let remortgaging up 42% in quarter four last year compared to 2012.
Aviva's decision to withdraw all corporate hospitality for its life distributors following the release of the Financial Conduct Authority's final rules on inducements has raised eyebrows.
Following discussions with the FCA, Yorkshire Building Society has agreed to refund customers more than £8m due to effectively overcharging mortgage arrears customers during payment processing.
When Martin Wheatley sat down in front of the Treasury Select Committee this month to explain the regulator's opinion of the Lloyds Banking Group mis-selling scandal I can bet he didn't expect to be accused of using the same defence used by Nazi war criminals.
Mortgage Market Review implementation is nearly here and the biggest worry for the industry is that we’ll see a downturn in all but the safest lending over the coming months.
The theory is that the majority of advice firms in the mortgage market have had their MMR ducks in a row for some time. So,forward-thinking advisers in the industry are thinking about the post-MMR market and how in reality this will change the way lenders, distributors, brokers and consumers interact with each other.
A U-turn from the top hierarchy of the country's decision makers is ordinarily viewed as a sign of weakness.
It's now a widely accepted belief that rates are as low as they are going to go. The Council of Mortgage Lenders believes that the rock bottom pricing in the market at the moment is as good as it is going to get apart from some minor undercutting going on in the marginalised 95% loan-to-value lending space.
Improving conditions in the mortgage market are inducing smaller lenders, in terms of their volume of mortgages, to make big statements about their lending ambitions for 2014.
Brokers returned from their Christmas break and New Year festivities to a welcome and surprise announcement.
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