At the beginning of the year all forecasts predicted a mortgage market of £220 billion in 2015, but at current run rates this is looking very optimistic.
Our Ask the Experts column is your chance to put industry figures on the spot. In this edition Geoff Hall, managing director at Berkeley Alexander, answers your question.
Just over year after MMR came into force the mortgage market seems to be settling in to what IMLA has dubbed ‘a new normal’, with the outlook for 2015 certainly looking more subdued in terms of market activity.
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The election results are in and the clear majority for the Conservatives took almost everybody by surprise. The interesting part will be what follows and how well their manifesto pledges are implemented.
The industry is now in debate over what to do with the so-called equity release ‘dabblers'.
In March 2016, the Mortgage Credit Directive (MCD) comes into force, forever changing the document that we know today as the Key Facts Illustration (KFI), and perhaps most importantly, bringing second charge lending under the same regulatory regime as first charges.
At TMA, we have recently started a campaign to ask people across the industry ‘what inspires and motivates them’ to do what they do. We hope that by bringing that passion to the forefront, we can be more successful in the things we do every day.
One of the most well known sayings in golf is ‘drive for show and putt for dough’. Coined by pro golfer Bobby Locke it means no matter how well you might play the long shots, if you cannot putt you cannot win.
Despite some mixed numbers at the moment, there is growing consensus that the underlying state of the mortgage market is stabilising.
It’s a very interesting time for the buy-to-let industry. The market is more buoyant than it has been in years and with new lenders coming into the fold and rates getting more competitive it looks set to grow further.
I have read with increasing incredulity the comments from ill-informed brokers that we are going to be facing long delays for residential surveys after the general election. It's the old adage of never letting the facts get in the way of a good rumour.
Quick question: name two things that pop up? If you were on the cutting edge of technology you might have said either a Periscope or a Meerkat, because these are two apps that are creating something of a stir at the moment.
While the political parties vie for the public’s attention publishing prospective manifestos for building smart new homes, for the tenants who have no accumulating deposit to invest, things have been looking gloomy.
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