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Halifax changes sale of mortgage property criteria for interest-only

Halifax is lowering the qualifying income needed for the sale of mortgage property (SOMP),...

  • May 24, 2023
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Virgin Money and Clydesdale Bank ups variable income limit; Skipton BS cuts rates – round-up

Virgin Money and Clydesdale Banks have increased the variable income limit the co-owned ba...

  • Feb 14, 2023
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Achievement, bonuses and commission: The ABCs of broker remuneration in 2023 ‒ analysis

Getting the right commission structure in place and introducing bonuses that incentivise h...

  • Jan 18, 2023
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Chancellor planning to scrap bankers’ bonus cap – reports

Chancellor Kwasi Kwarteng (pictured) is reportedly planning to scrap the cap on the bonuse...

  • Sep 15, 2022
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Newcastle updates large loan range

Newcastle Intermediaries has made changes to its large portfolio and introduced a number o...

  • Jul 08, 2022
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Mansfield BS reduces shared ownership product rate and improves affordability

Mansfield Building Society has cut the rate for its shared ownership product and increased...

  • Jan 25, 2022
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Nationwide enhances fixed term contract and bonus, overtime and commission criteria

Nationwide will be enhancing its criteria for fixed term contractors and change the way it...

  • Dec 01, 2021
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HSBC accepts overtime as mortgage rates are cut

HSBC has reduced select mortgage rates on deals up to 90 per cent loan to value (LTV), and...

  • Feb 16, 2021
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Mortgage brokers disputing more underwriter decisions than before pandemic – analysis

Brokers are having to challenge underwriter decisions more than before the coronavirus pan...

  • Sep 21, 2020
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Ex-Persimmon CEO named 2018’s highest paid FTSE 100 boss

Jeff Fairburn, former CEO of Persimmon, has been named the highest paid FTSE 100 boss in C...

  • Aug 21, 2019
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