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The 10 biggest mortgage broker stories this week – 29/06/18

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  • 29/06/2018
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The 10 biggest mortgage broker stories this week – 29/06/18
Estate agents grabbed the headlines this week, with Purplebricks running into trouble with the Advertising Standards Authority (ASA) and Countrywide issuing another profits warning.

Brokers also had their say on lenders changing their mind when offering deals and providers relaxing criteria.

And UK Finance revealed that brokers are strengthening efforts to target customers coming to the end of mortgage deals.

 

Purplebricks to appeal ‘unfair’ advert ruling

Brokers vent frustration over lenders that change their minds on deals

Countrywide shares sink more than 20% after another profit warning

Mortgage lenders are quietly relaxing criteria, brokers say

HSBC achieves distribution partnerships with 80% of broker market

Imperative that brokers take advantage of new technology – Naylor

Lenders strengthen efforts to contact customers before deals expire – UK Finance

Artificial intelligence too ‘risky’ to use for mortgage advice, says expert

Highly indebted households increase after banks loosen lending – Bank of England

Virgin Money launches portfolio landlord buy-to-let mortgages

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