The best read stories of the week:
Mortgage prisoners – what’s the next move for brokers?
IMLA on the Nationwide and Lloyds fee cuts
Former RICS staff member fired for employing family
66% of brokers fail to turn Tweets into cash
Sponsored ad banned for “misleading” consumers contacting NatWest
Round-up
Out of pocket
Approximately 1m householders will see their mortgage repayments jump by an average of £630 a year after several lenders increase their SVRs next month.
Proc fees
On Tuesday, IMLA’ s Peter Williams exclusively gave us his thoughts on the Nationwide and Lloyds broker procuration fees cut.
Wage rage
According to More Than Business, one in ten small business-owners has remortgaged their house in order to find the cash to pay their employees.
Tweet nothings
The Mortgage Solutions poll found that 66% of brokers are still struggling to use social media to generate business.
Helping hand
In this week’s Market Watch, our three experts look at what brokers can do right now to help mortgage prisoners.
Remortgage revival
Reporter Simret Samra examines whether SVR hikes and increasing mortgage rates will be enough to revive the remortgage market this year.
And finally…top tweets
Stuart Heritage @stuheritage
The saddest thing about the Titanic is that everyone’s dying thought was “God, imagine how bored Twitter will be of this in 100 years”
Stuart Gregory @Mortgage_Stu
Morning! Wise man once say ‘if there’s a problem yo I’ll solve it..check out the hook while the DJ revolves it’. Have a good day 🙂
Lea Karasavvas @Mortgage_Mind
If possible, could I have a few more bridging emails hitting my inbox please? The 22 I have received today aren’t quite enough. Most kind.
Mr Grumpy Git @MrGrumpyGit
It’s #friday13th again and already off to a bad start. Just checked the wife’s pulse as she lays in bed next to me… She’s still alive.
Mikey Walsh @thatbloodyMikey
Where’s my Hockey Mask and Kitchen Knife?.. Got a lot to get through today #friday13th
