Top 10 most read mortgage broker stories this week – 29/07/2022

Top 10 most read mortgage broker stories this week – 29/07/2022

The proposals have wide ranging ramifications on the mortgage space, including product design, distribution and customer communication to name a few.

The news that Habito was making some of its mortgage advisers and support staff redundant, and that Sesame Bankhall’s Michele Golunska will leave the firm to rejoin Aviva was also of interest to readers.

Habito makes unconfirmed number of mortgage adviser and support staff redundant – exclusive

 

Consumer Duty: Rip-off SVR mortgages banned by FCA

Sesame Bankhall’s Michele Golunska to depart and return to Aviva

CMA orders Monzo to share customer transaction data for mortgage and loan applications

First-time buyer hurdles grow as house prices and rents soar – Rightmove  

 

FCA Consumer Duty final rules and guidance

 

New-build homebuyers could be exposed to Japanese knotweed due to legal loophole

MAB primes for cooled but healthy mortgage market as revenue rises to £95m

 

 

HSBC and TSB raise mortgage rates – round-up

 

Merger talks between L&C and Habito end – reports

 

 

 

 

 

 

 

 

Top 10 most read mortgage broker stories this week – 08/07/2022

Top 10 most read mortgage broker stories this week – 08/07/2022

News that investment firm Pimco was acquiring a part of Kensington Mortgages also proved of interest to readers, along with brokers discussing intergenerational mortgages.

 

FCA must tackle equity release ‘bandwagon jumpers’ to protect vulnerable clients ‒ analysis

Our reluctant BTL re-price upwards will protect service levels – Cox

 

Investment firm Pimco acquires Kensington Mortgages portfolio – reports

 

Intergenerational mortgages would push up house prices and fail to tackle supply issues, brokers say

 

SVR cap would not impact wider mortgage market – UK Mortgage Prisoners

 

Compliance head jailed after tampering with estate agent emails

Buy-to-let market remains positive despite constant repricing – Armstrong

 

Nature of mortgage broker role increases risk of burnout ‒ analysis

 

Housing supply to tick up as valuation requests jump – Rightmove

 

Cost of living impact on mortgage holders will be minimal – BoE

 

 

 

 

 

Top 10 most read mortgage broker stories this week – 01/07/2022

Top 10 most read mortgage broker stories this week – 01/07/2022

Elsewhere, the news that the government was considering tightening the holiday let sector and Halifax increasing the maximum loan to value lending limit to 95 per cent on new-build homes was also of interest to readers.

 

Nature of mortgage broker role increases risk of burnout ‒ analysis

 

Crackdown set for holiday lets in England

 

Halifax launches new build 95 per cent LTV loans

 

The government’s mortgage market review is nothing to fear – Bamford

 

Mojo plans to hire 30 more mortgage advisers in next six months

 

What is the difference between a TIO and a RIO mortgage? – Pallett

 

Mortgage adviser FCA bills will be ‘significantly less’ as high-profit firms shoulder burden

 

Leasehold reform likely within this parliament, says trade body

 

Equity release remortgages rise giving borrowers big savings, brokers say

 

Vulnerable older borrowers at risk of taking out unsuitable equity release products – FCA

Top 10 most read mortgage broker stories this week – 24/06/2022

Top 10 most read mortgage broker stories this week – 24/06/2022

It was introduced in 2014 and required lenders to calculate if a borrower could repay a mortgage if the rate was three per cent above the reversion rate.

Pictures from the annual Association of Mortgage Intermediaries dinner, along with news that the government will not intervene with unmortgageable Green Grant spray foam homes, also piqued readers interest.

FPC to withdraw mortgage affordability stress test from August

AMI Dinner 2022: the night in pictures

Government will ‘not intervene’ with unmortgageable Green Grant spray foam homes

Borrowers rush to pay exit fees and lock into new mortgages as interest rates climb

Santander and Platform withdraw products – round-up

Proportunity to launch zero deposit mortgage product

Barclays to acquire Kensington Mortgages

Eleventh-hour mortgage changes can be rationalised but better management needed – Hunt

DIFF: Let’s not try to fix neurodivergent people – Brook Graham

Short-term affordability challenges initially outweigh benefit of stress test removal – Toumadj

 

 

 

 

 

 

 

 

 

Top 10 most read mortgage broker stories this week – 10/06/2022

Top 10 most read mortgage broker stories this week – 10/06/2022

Halifax’s latest house price report pegging annual growth at 10 per cent and indicating a slowdown, as well as analyses around the buy-to-let market and four-day working weeks also piqued readers’ interest.

Boris Johnson to extend Right to Buy and allow housing benefit for mortgage payments – reports

Johnson launches mortgage market review and confirms Right to Buy extension and benefit changes

Specialist lenders and building societies are shaking up the BTL market – Armstrong

Lenders should improve withdrawal process and work with brokers – Simpson

Buy-to-let market may be shifting, but it isn’t broken, say brokers

 

HSBC confirms agenda for emerging talent event

Openwork announces senior management shake up

Annual property price growth over 10 per cent but signs of market slowdown – Halifax

How a four-day week for busy mortgage advisers with no downsides might work

 

Mortgage activity falls in Q1 but market expected to ‘remain relatively robust’ – UK Finance

Top 10 most read mortgage broker stories this week – 06/05/2022

Top 10 most read mortgage broker stories this week – 06/05/2022

 

Following the rate rise, the likes of Natwest, Santander, Leeds BS, Clydesdale and Skipton to make changes to their products and rates, with more changes expected to come.

In other news, brokers posited that increasing down valuations are being driven by high demand along with buyer desperation and MPowered Mortgages launched an AI system which aims to take on the big banks. A revival of Right to Buy also hit the headlines and brokers comments around upcoming EPC legislation piqued reader interest.

Base rate rises to one per cent

Shortage of property and desperate buyers behind ‘down valuations’ ‒ analysis

Natwest ups rates; Santander and Skipton increase SVRs – round-up

Inability to meet EPC deadlines could hit landlord property disposals – Marketwatch

Exclusive: MPowered enlists AI to produce complex residential underwriting in seconds

Rocketing inflation will induce steeper base rate rises – Maddox

Government to relaunch Right to Buy ‒ reports

Leeds BS cuts BTL stress rate by one per cent

Millions of homes pushed into higher stamp duty bracket

Exclusive: Cashback service MyMortgageRewards.com goes live to brokers

Top 10 most read mortgage broker stories this week – 18/03/2022

Top 10 most read mortgage broker stories this week – 18/03/2022

LSL’s financial performance for 2021 was also of interest to readers.

Ian Wilson bids industry farewell in heartfelt video message

Base rate increased to 0.75 per cent

LSL’s 2021 profits surge to £69.9m as mortgage business grows

Nationwide raises Helping Hand minimum income and increases rates

Industry leaders urge borrowers to act quickly after BoE base rate hike

Skipton BS allows borrowers to join Homes for Ukraine scheme and pledges support

The lowdown on alternative home ownership options – an explainer

End to doubling ground rent terms for thousands of leaseholders

‘It’s better to work 80 per cent of the week with 100 per cent efficiency’ – Marketwatch

Bill to clean up ‘dirty money’ in UK property receives royal assent

Top 10 most read broker stories this week – 04/03/2022

Top 10 most read broker stories this week – 04/03/2022

Mortgage Brain’s acquisition of Mortgage Engine, a likely rise in tax for second homeowners in Wales and Alexander Hall’s mortgage volumes also piqued reader’s interest this week.

Bank of England’s mortgage affordability stress test to go

Mortgage Brain acquires Mortgage Engine

‘We plan to grow the adviser base by 150 per cent over the next five years’ – Alexander Hall

Exclusive: Greg Cunnington exits Alexander Hall to join Ldnfinance

Foxtons’ ‘cross-selling’ bumps up Alexander Hall mortgage volumes

Second homeowners in Wales face three-fold rise in tax

Affordability test removal badged broadly positive for borrowers – analysis

FCA fines Barclays £783,800 in Premier FX case

Clydesdale and Santander raise rates – round-up

Buyers ‘intimidated into dealing with in-house advisers’ by estate agents ‒ analysis

Top 10 most read broker stories this week – 18/02/22

Top 10 most read broker stories this week – 18/02/22

The hire of Accord Mortgages’ Nadine Edwards by Natwest Intermediary Solutions, the ongoing impact of higher interest rates and  Pepper Money’s £450m securitisation were also among the most read by brokers.

Bidding war for quality brokers becoming more costly ‒ analysis

Metro Bank CFO resigns

EPC regulation change: ‘This is an opportunity for brokers’ – TBMC one-to-one

Natwest hires Accord Mortgages’ Nadine Edwards as part of restructure

Higher mortgage rates will leave homes ‘overvalued’ – Capital Economics

Pepper Money completes £450m securitisation

Buy-to-let EPC rating proposals already affecting investor choices – Hamptons

Soaring cost of living is remortgage opportunity, brokers say

Virgin Money joins lenders in raising rates

Intermediary caseload hits record 103 annual high – Imla