Natwest relaxes buy-to-let rules over selective licensing
Natwest Intermediary Solutions has started considering buy-to-let mortgage applications for landlords subject to a selective licensing scheme.
Lauren Bagley, marketing manager of TMA who has been instrumental in rebranding the business over the last 12 months, is to leave TMA. Bagley has an undisclosed role to go to which will be confirmed at a later date.
Buy-to-let investors will create limited companies to avoid higher tax
Higher-rate tax payers investing in buy-to-let properties are likely to sidestep changes introduced in the Budget to curb tax relief by setting up a limited company, experts say.
Independent advisers must consider service scope post-MCD
There has been some debate about advisers using the ‘independent’ title in the build up to the MCD deadline. Christine Newell, mortgages technical director at Paradigm Mortgage Services, explains what advisers need to take note of in their service proposition.
Commission levels in protection ‘not high enough’
Advisers should be paid higher commission to help grow the protection market, Michael Ward, founder of price comparison site payingtoomuch.com, says. Speaking at the 2015 Protection Review in London, Ward said that the value chain in protection was not working, with value “not sitting in the right places”.
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‘Significant lack of knowledge’ surrounding secured loan sales
Lenders say they have not experienced an uptick in interest among brokers for information on how to conduct second charge business in the run up to the Mortgage Credit Directive (MCD) deadline.
Profile: Toni Smith, First Complete
In our first profile for the new Better Business section, Toni Smith, sales operations director, First Complete outlines the network’s successful recruitment strategy and the essential qualities of a good broker.
Give FPC buy-to-let regulation powers ‘as soon as possible’ urges TSC member
A Treasury Select Committee (TSC) member wants to see the Financial Policy Committee handed powers to intervene in the buy-to-let market ‘as soon as possible’ to stop the sector adding ‘fuel to the flames of house price inflation’.
Is manual underwriting more of a help than a hindrance? Marketwatch
Many lenders are heralding their human touch approach to lending as superior to a computer-driven decision but is it always helpful? This week’s panel of experts analyse whether manual underwriting is all its cracked up to be.
Metro appoints large loans specialist
Metro Bank has appointed Jo Hollins as senior relationship manager for large loans with immediate effect.
