You are here: Home - News -

Most read stories last week – 03/07/2015

by: Mortgage Solutions
  • 03/07/2015
  • 0
Each Friday, Mortgage Solutions rounds up the most popular articles on the website over the past week. What did you miss?

Ex-policeman jailed for valuation fraud

A conman whose mortgage scam defrauded people all over the country out of thousands of pounds has been jailed for three years at York Crown Court.

BoE is paving the way for restrictions to buy to let – Boulger

The Bank of England comments about buy to let in its latest Financial Stability report reinforce the view that it is itching to have the same powers it has for the residential market, Ray Boulger, senior technical manager at John Charcol writes.

Mortgage broker transaction tool launched

The first mortgage adviser index has been launched for brokers in the UK, matching monthly property transactions to the adviser who completed them.

Barclays boosts loan-to-income criteria

Barclays has made changes to its loan-to-income criteria by lowering the minimum loan amount which qualifies for the enhanced multiple of five times income, from £300,000 to £200,001.

Buy to let could pose risk to financial stability – BoE

Looser lending standards in the buy-to-let sector which allow landlords to gain access to larger mortgages could impact the stability of the UK economy, the Bank of England (BoE) has said.

Here’s a few more you may have missed…

Sesame reassures members on profitability plans

Sesame Bankhall Group (SBG) has reassured its members that it is focused on developing a profitable and restructured business which acts in the interests of its mortgage advisers and their customers.

FCA: 20 firms applying for bank authorisation

Some 20 financial organisations are in the pre-application stage for receiving authorisation to operate as a bank in the UK, the Financial Conduct Authority (FCA) has revealed.

AMI blasts FCA disregard for consultation concern

The Financial Conduct Authority (FCA) has failed to listen to any of the arguments offered by the industry on its fee hikes, according to the Association of Mortgage Intermediaries (AMI).

MP calls for watchdog inquiry into Right to Buy

Labour MP John Healey has accused the government of not assessing the financial impact of the Right to Buy policy.

Virgin restricts buy-to-let criteria

Virgin Money has made several changes to its buy-to-let criteria restricting the number of properties allowed and the maximum value of mortgages landlords can hold with the lender.

There are 0 Comment(s)

You may also be interested in

Read previous post:
That was the year that was…1997

This year, Kensington celebrates its 20th birthday, so Mortgage Solutions is taking you back in time to the years since...