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A look back at last week’s most read stories

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  • 20/07/2012
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A look back at last week’s most read stories
Each Friday, Mortgage Solutions takes a look back at the most popular articles on the website over the past week.

This week’s top five stories:

1) FSA bans mortgage adviser jailed for fraud
The Financial Services Authority (FSA) has banned a mortgage adviser following his role in a multi-million pound fraud, for which he was sentenced earlier this year.

2) New property-focused buy to let mortgage lender launches
White Knights Finance, based in Brighton, launched into the UK buy-to-let mortgage and investment market yesterday promising to bring a “breath of fresh air” to the sector.

3) Facebook founder Mark Zuckerberg takes out 1% mortgage
Billionaire Facebook founder Mark Zuckerberg has taken out a 1.05% mortgage on his property in California.

4) You’re hired! The broker’s apprentice
Senior reporter Adam Williams visits London brokerage Coreco to find out how it are using apprenticeships to revolutionise its business.

5) Brokers caught up in compensation culture – AMI
It is only this year that the problems with the Financial Services Compensation Scheme have really begun to badly impact mortgage advisers.

Here’s some stories you may have missed:

Economy to enjoy ‘Indian summer’ – report
Latest forecasts suggest the economy will return to growth over the next six months, boosted by falling inflation and a pick-up in consumer spending.

RBS uses Funding for Lending scheme to cut rates for FTBs
The Royal Bank of Scotland (RBS) has announced that it will use the Bank of England’s Funding for Lending scheme to cut costs for first-time buyers, saving for their first home.

Abbey launches two key account exclusives at 3.29%
Abbey for Intermediaries has launched a two-year fixed rate at 3.29% for remortgagors, available up to 70% LTV.

How did Grant Shapps get 54k Twitter followers?
Housing Minister Grant Shapps was trending on Twitter yesterday, amid claims that he has been using an auto-follow bot to inflate his number of followers.

HSBC promises to lend extra £2bn in mortgages this year
HSBC has confirmed that it will be making an additional £2bn of mortgage funding available to UK borrowers, with £1bn allocated to first-time buyers this year.

Tweets of the week:

Sam Gee ‏@TheSamGee
@montysblog had an email from twitter the other day with the subject ‘What are Rihanna and Andrew Montlake up to?’ – care to explain?!!

Lea Karasavvas ‏@Mortgage_Mind
Apparently buy to let deals are up 32 % on last years figures. Stick that positivity in your pipe and smoke it :0)

John Prescott ‏@johnprescott
Are you coping with the emotional loss of @grantshapps following & unfollowing you? Tweet us at #shappsfollowedme. We’re here for you!

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