In a week where the well-trailed first Bank of England Base Rate rise in a decade dominated much of the national press, it was other issues in the home buying process dominating readers’ attention.
Collapsed transactions are the bane of many brokers lives, so any initiative to reduce these is likely to prove popular.
The buy-to-let sector was also active with news that more landlords are looking to sell properties while there are fewer products available for the non-portfolio market.
And the regulator had a busy week with its consultation into the compensation scheme and warnings to networks.
Brokers back £1,000 ‘fine’ for collapsing a property sale
Record number of landlords plan to ditch BTL properties – BM Solutions
Siblings guilty of mortgage fraud in crime syndicate convictions
Mortgage broker compensation limits to hit £85k but providers will contribute
Mortgage lenders expected to pass on rate rise with immediate effect
Non-portfolio BTL mortgages fall following PRA changes
Stamp Duty takings surge by £2bn ahead of Autumn Budget
BSA laments proposed FSCS changes as AMI celebrates
Brexit preventing mortgage prisoner help: Bailey
Promoting second charge for debt consolidation leaves industry ‘open to accusations’ – analysis