News
The 10 biggest mortgage broker stories this week – 03/08/18

This week’s reading was dominated by practical advice for brokers as the keys to avoiding bank statement mistakes and how to spot fraudulent income were revealed.
There was also a healthy debate around the issues raised by inconsistent valuations while the arrest of 14 people in Scotland for offences including mortgage fraud also gained attention.
We are in the thick of results season for the first half of the year while the Bank of England’s base rate rise and vital action to assist mortgage prisoners were prominent.
Six bank statement mistakes that can ruin a mortgage application – brokers
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How to spot fraudulent income on mortgage applications – Broadley
Gang of 14 arrested in mortgage, benefits and money laundering fraud sting
Countrywide share price sinks as agent looks to investors for £140m to tackle debts
Lloyds Bank profit jumps 38% as lender invests in mortgage advisers
Lenders pledge to switch mortgage prisoners to cheaper deals
Leeds BS retirement interest-only entry aims to head-off mis-selling risks
Bank of England interest rate: ‘Anything other than a hike would be a huge surprise’