HSBC’s recent changes to its income multiples for high-earning borrowers, along with the launch of its lowest 95 per cent fixed rate mortgage proved the most popular amongst brokers this week.
Brokers were also interested in research around evictions, which suggested that it could take up to a year to evict a tenant and cost over £35,000.
News that John Charcol’s Nick Morrey was moving to Coreco also grabbed readers’ attention along with the announcement that Nationwide’s chief executive officer Joe Garner would leave his role.
Just Group’s introduction of medical underwriting to lifetime mortgages and Natwest updating its product switch function also proved popular.
HSBC raises income multiple to 5.5 for high-earning borrowers
HSBC launches lowest 95 per cent fixed mortgage as price war moves up LTV curve
Evicting tenants can take up to a year and cost over £35,000
Estate agent jailed over £182k fraud
John Charcol’s Nick Morrey to join Coreco
Fast acting rate-savvy borrowers beat lenders at their own game – JLM
Just Group to medically underwrite lifetime mortgages in ‘fundamental change’ to sales approach
Natwest launches product switch function to align with execution-only process
IMLA annual dinner 2021 – the night in pictures