This week’s top five stories are:
London-based law firm, Leigh Day, is bringing a multi-million pound claim against Foxtons for charging landlords hidden commissions of as much as 33% of a contractor’s fee for work done on their properties.
The sole shareholder of a mortgage brokerage, NMB, was able to scam equity release lender New Life out of £1m by abusing his position as the holder of controlled functions.
Clydesdale Bank announced it is offering its buy-to-let products up to 70% loan to value (LTV), after it withdrew all buy-to-let mortgages above 60% LTV last month.
Precise Mortgages has reshuffled its senior management team to gear up for the arrival of the Mortgage Credit Directive (MCD) and its plans to innovate in second-charge lending.
Self-employed mortgage applicants providing tax calculations (SA302s) as evidence of income to Santander will be required to provide a tax year overview.
Here’s some you might have missed…
Investec, the private bank and wealth manager, has strengthened its mortgage team with two private bankers and a solicitor.
In this edition of the Mortgage Solutions Know Your BDM series, we put Santander’s Colin Hammond, BDM for East Region, covering the Cambridge & Peterborough area in the hotseat.
Accord Mortgages has launched a range of 20 fee-free fixed-rate mortgages with the option of either £250 cashback on completion or free standard legal fees for borrowers.
Recruitment drives can be seen in all areas of the financial services industry as firms attempt to snap up leading professionals to gain the competitive edge. Brokers and networks bosses share their expertise on how retain talent while supporting career progression.
Simply communicate badly or insensitively with a client (or prospective client), and you may find evidence of your mis-judged remarks shared with all and sundry through social media, writes Emma-Maria Coffey, business development manager at Blacks Connect.