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A look back at last week’s most read stories

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  • 07/09/2012
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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) A surveyor crisis around the corner?
In 2007, arguably the all-time peak for demand for mortgage products, the equivalent of 7,000 chartered surveyors were employed full time, providing mortgage valuation advice to lenders.

2) Tesco Bank makes first mortgage range cuts
Tesco Bank has made the first set of rate reductions to its recently launched mortgage range.

3) Securitisation – what you need to know
Few people had even heard about securitisation before the credit crunch of 2007, yet it continues to have a huge impact on the mortgage industry.

4) Aldermore launches NewBuy 95% LTV deals
Aldermore has become the sixth lender to join the government’s NewBuy scheme, offering 2 and 3-year fixed rate mortgages at 5.48% from today.

5) West Brom launches two-year fix at 2.59%
West Bromwich Building Society has launched a two-year fixed rate mortgage at 2.59%.

Here’s some stories you may have missed:

FSA defends ex-Honister reauthorisation record
The Financial Services Authority (FSA) insists that it has reauthorised the vast majority of ex-Honister advisers who applied within its voluntary time frame, despite concerns among some advisers that the process has been slower than promised.

Govt. announces £280m extension of FirstBuy scheme
The government has announced a major housing and planning package, which includes a £280m extension of the FirstBuy Direct scheme, which is set to help up to 16,500 first-time buyers.

Clients care more about mortgage rate than brands – Poll
Consumers care more about getting the best rate than who their mortgage provider is, according to the latest Mortgage Solutions People’s Poll.

Government can do more to revive FTB housing market – Genworth
Genworth Financial president Angel Mas says the government must do more to help people purchase their first home.

We bid farewell to Grant ‘Grantmeshelter’ Shapps
The announcement of Mark Prisk as the new Housing Minister means that we are not only bidding farewell to Grant Shapps but also his fake Twitter impersonator @grantmeshelter, who has been parodying the political figure since January.

Tweets of the week:

Carlton Reid ‏@carltonreid
Breaking: Grant Shapps appointed Minister for Spam. Inspired choice.

Nigel Lewis ‏@property_whore
Please let new housing minister be someone with ideas – not another ‘passing through’ like Shapps – he was in post just 27 months.

Henry Pryor ‏@HenryPryor
They always say average move just 7 miles! Housing minister moves from Welwyn & Hatfield to Hertford & Stortford.

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