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A look back at last week’s most read stories

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  • 11/01/2013
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A look back at last week’s most read stories
Each Friday, Mortgage Solutions rounds up the most popular articles on the website over the past week.

This week’s top five stories:

1) Ex-Money Partners director branded ‘dishonest’ after divorce lies
A former finance director at sub-prime mortgage lender Money Partners has been branded ‘dishonest’ and excluded from the Institute of Chartered Accountants after lying to his wife during their divorce.

2) How low can mortgage rates go in 2013? – analysis
As 2012 drew to a close, the airwaves were filled with tentative hopes of a mortgage industry revival in the New Year. For once the optimists may be right.

3) Industry hopes Barclays 95% mortgage will force high LTV rate war
Brokers have largely welcomed the decision by Barclays to introduce a new 95% LTV mortgage to its range, hoping it sparks more product innovation and lower rates at the higher LTV levels.

4) £1m mortgage adviser fraud trial begins
Three mortgage advisers are among those standing trial in a £1m mortgage fraud case taking place in North Wales.

5) High Court ruling in £500k case ‘bad news’ for advisers
Lawyers have said a High Court ruling permitting a couple to sue their IFA for more than £500,000, despite having accepted the maximum amount of compensation available via the Financial Ombudsman Service (FOS), is “bad news” for advisers.

Here are some stories you may have missed:

Video exclusive: One in 300 to 400 transactions reported as fraud
One in every 300 to 400 mortgage transactions is reported as a fraud Colleys revealed in an exclusive Mortgage Solutions panel debate.

Nationwide crowned intermediaries’ favourite lender in 2012 – BDRC
Nationwide Building Society has been declared the favourite mortgage lender of intermediaries in 2012, according to a study by BDRC Continental.

Abbey intermediary boss Whittaker takes redundancy today
Abbey for Intermediaries key accounts director Adrian Whittaker leaves the lender today taking redundancy after a sales team restructure and is set to be replaced by current head of sales for telephony and service, Brad Fordham.

Which lender won the broker war in 2012? – BDRC
Now 2012 has drawn to a close, it is only natural to look back and take stock. Has it been a good year or a bad year for you?

Name and shame banks into reducing rates, says academic
A leading political analyst has called on the government and the Bank of England to pressurise banks to reduce the cost of taking out a mortgage.

Tweets of the week:

Rob Jupp ‏@robjupp
One of my co workers left fresh crab in the office last night with the heating on full. Suffice to say its a little ‘lively’ here today

Anne Ashworth ‏@AnneAshworth
At London Library leafing thru copies of The Times from 1934. Ads for flats to rent in Kensington at £95 a year (abt £5200 in 2013 money)

Daniel Bailey @MortgageDanny
“@mortgagesols: Funding for Lending needs to start helping first-timers- IMLA” Agreed, best way to get the market moving

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