This week’s top five stories:
1) Mortgage intermediaries by numbers – a BDRC infographic
I’ve decided to make this blog a little different and present the results of BDRC Continental’s latest Mortgage Achilles report in the form of an infographic, writes Tony Wornell.
2) Landlords face extra charges for failure to update deposit status
New rules mean landlords could be hit with additional charges if they fail to notify their deposit protection scheme of a change in tenancy agreement.
3) Get-rich-quick schemes target laid back landlords
New rules mean landlords could be hit with additional charges if they fail to notify their deposit protection scheme of a change in tenancy agreement.
4) Landlords must lock into medium fixed rates, warns broker
Landlords should lock into three and five year fixed products before rates rise, said Mortgages for Business.
5) Time for the industry to embrace technology – David Finlay
David Finlay, intermediary managing director for Barclays, looks at how technology is changing the face of the mortgage industry.
Here are some stories you may have missed:
Carney’s forward guidance U-turn – weak or wise? Marketwatch
We asked this week’s Marketwatch commentators if they thought Carney’s turn around was a wise move for the industry.
Know Your BDM: Michelle Stevens, Cambridge BS
We ask BDMs up and down the country for their answers to the following 10 questions. In this edition Michelle Stevens, Cambridge Building Society’s business development manager, is under the microscope.
Exclusive: ‘It’s the right thing to do,’ says Magellan ahead of mortgage rate cuts
Non-conforming lender Magellan plans to offer existing borrowers a rate drop in line with other plans to restructure its flat mortgage rate to a sliding scale linked to Loan to Value.
Ex-Platform boss Tweedy joins Target
Ex-Platform MD David Tweedy has joined financial services outsourcing and software provider Target Group in a new role of market relations director.
Equalise DA and AR proc fees now – Bob Hunt
The debate around procuration fees and whether advisers are being paid the ‘correct amount’ has raged for many a year and is likely to continue for as long as such fees are the ‘go to’ method of rewarding mortgage intermediaries, writes Bob Hunt.
