Ex-Virgin pilot jailed for £30m mortgage fraud ordered to repay £1
A former Virgin Atlantic pilot who was jailed for 14 years after masterminding a £30m mortgage fraud was ordered to repay just £1 by Southwark Crown Court on Thursday.
The Greek ‘no’ and its impact on the UK mortgage market
The Greek decision to reject austerity measures forced on the country as part of an international bailout could see it leave the eurozone, which the Bank of England said would test the robustness of the UK banking system, writes Samantha Partington.
Bank of Ireland agrees third distribution partner – exclusive
Bank of Ireland for Intermediaries has agreed a third distribution partnership with Intrinsic Financial Services, which has 3,000 brokers, in its latest step toward offering its products through the majority of advisers by Q1 next year.
Mortgage interest relief for landlords will be slashed to basic rate
Mortgage interest payments for buy-to-let landlords will be cut from the top rate of 45% to 20% across the board by April 2020, George Osborne has announced.
See the photos of last night’s winners at the 2015 British Mortgage Awards
Find the photographs of all our winners here from the award ceremony at the Westminster Park Plaza last night.
Here’s some more that you may have missed…
FCA says mortgage advisers have ‘room for improvement’
A regulatory review from the Financial Conduct Authority (FCA) found the majority of mortgage customers get suitable advice but there is scope for improvement.
All the winners of the British Mortgage Awards 2015
Here are the illustrious winners of the 2015 British Mortgage Awards, presented last night at the Park Plaza Westminster.
Institutional buy-to-let investors will fill void created by tax cutback
With higher rate taxpayers likely to reassess the value of their buy-to-let properties following the budget announcement, the industry will be forced to fill the void with other investors, commentators say.
What’s barring borrowers from remortgaging? Marketwatch
Activity in the housing market is steaming ahead at full speed, but remortgage lending has been sluggish for a prolonged period. This week our panel of experts are looking at what obstacles homeowners face when it comes to remortgaging.
Support for mortgage interest payments to be made a loan
Help towards mortgage interest payments which are currently a benefit supplied by the government will become a loan from April 2018.
