Top 10 most read mortgage broker stories this week – 23/07/2021

Top 10 most read mortgage broker stories this week – 23/07/2021

 

The government’s decision to remove the need for an EWS1 form when lending on buildings shorter than 18 metres was also of interest, as it signified a move which could unlock the market.

Speculation that Foxtons was looking for a buyer for its broker firm Alexander Hall also drew readers in, as did one firm’s decision to refund fees to clients unhappy with their advice.

Government scraps EWS1 forms for buildings under 18 metres

 

Can you claim the fifth SEISS grant?

 

Foxtons looks for buyer for mortgage broker Alexander Hall

 

RIP John Murray, journalist and author (24.06.1947 to 14.07.2021)

 

Avalanche of homelessness expected as furlough ends

 

Nationwide launches sub-one per cent five-year fix and slashes rates

 

‘We will continue growing but we’re never going to lower our standards’ – Brodnicki

 

The stamp duty holiday deserves more praise than scorn – Murphy

 

FCA to hear from brokers through mortgage prisoner review

 

Broker firm launches guarantee to refund advice fees to unhappy clients

Top 10 most read mortgage broker stories this week – 16/07/2021

Top 10 most read mortgage broker stories this week – 16/07/2021

 

Beyond that, lender initiatives on EWS1 forms and post-pandemic criteria and market conditions topped the headlines, with some M&A activity also piquing interest.

 

UPDATE: Police to investigate Savills’ employee Twitter account over racist Euro 2020 football tweets

 

Seven lenders agree to cover cost of submitting EWS1 forms to FIA portal after delays

 

NatWest to unveil self-employed criteria change in August

 

Mojo Mortgages acquired by Uswitch and Confused.com owner

 

National Crime Agency recovers £2m from developer-landlord in civil case

 

Mortgage lenders offering larger loans but product options tighten – MBT

 

US digital lender Better enters UK mortgage market with Trussle acquisition

 

Online estate agent Strike raises £11m in funding and appoints CTO

 

Poor credit househunters on the rise as pandemic takes toll on family finances

 

Half of pandemic homebuyers fear they overpaid for their property  

Top 10 most read mortgage broker stories this week – 25/06/2021

Top 10 most read mortgage broker stories this week – 25/06/2021

 

Lender’s latest rate cuts, new product launches and criteria changes were popular stories, while the new Deposit Unlock scheme was launched with Newcastle Building Society as the first lender.

 

Broker fees should match solicitors’ and be based on case complexity – Marketwatch

 

Natwest launches low LTV tracker and green mortgages alongside widespread rate reductions

 

Newcastle BS becomes first lender to launch Deposit Unlock products

 

Lloyds Banking Group to embark on landlord venture with first property purchase

 

MAB hires FSE’s James Prosser to direct media and events strategy

 

The FCA’s Consumer Duty regulation is ‘gilding the lily’ – Paradigm

 

Metro Bank expands 95 per cent LTV range and cuts rates

 

MAOE: Administrators need strong relationships with brokers and lenders for success

 

MAOE: Sinclair says PII pricing will fall after interest-only mis-sale cases fail

 

UK must ‘grapple the nettle’ of housing affordability – Jenrick

Top 10 most read mortgage broker stories this week – 11/06/2021

Top 10 most read mortgage broker stories this week – 11/06/2021

 

Meanwhile the housing minister’s statement on cladding guidance form EWS1 caused a stir with mortgage brokers.

 

Cladding guidance frees almost 500,000 homeowners from EWS1 form, minister says

 

Clients are putting in multiple offers to seal their dream house – Marketwatch

 

Buyers in bidding frenzy resort to ‘desperate’ measures but struggle to win valuers’ support

 

Young borrowers at risk of damaging their credit scores

 

FCA kicks off consultation on new regulation to go further than treating customers fairly

 

First-time buyers taking high LTV mortgages fear negative equity

 

L&G Mortgage Club builds affordability sourcing tool for My Simple Mortgage

 

House prices hit another record high after £22,000 annual gains – Halifax

 

Mortgage lending at highest level since 2007 – BoE

 

Time to spread the word to all clients on equity release – Wilson

Top 10 most read mortgage broker stories this week – 04/06/2021

Top 10 most read mortgage broker stories this week – 04/06/2021

 

Elsewhere, readers’ attention was grabbed by the rising number of foreign buyers eyeing UK property, a sale of Nottingham Mortgage Services to Belvoir Group, and Nationwide’s decision to cut mortgage advisor numbers by 150.

 

FCA’s proposed network fee may cause firms to switch from AR to DA or exit market – AMI

 

End of eviction ban sparks calls for more tenant support

 

Mortgage broking arrives on TiKTok as advisers take to video platform to reach customers

 

Rising numbers of expats and foreign buyers eye UK property market’s opportunities

 

Nottingham Mortgage Services to be sold to Belvoir and serviced by MAB

 

First Homes scheme launches with seven lenders signed up

 

Nationwide to launch 0.99 per cent deal and FTB rates set to fall

 

Market Mortgage 95 per cent solution poised to launch with mainstream lenders in summer

 

Nationwide to cut mortgage adviser numbers by a quarter

 

House prices reach new record with double digit growth in May

Top 10 most read mortgage broker stories this week – 28/05/2021

Top 10 most read mortgage broker stories this week – 28/05/2021

 

Elsewhere, First Homes eligibility criteria, the rush to complete before the stamp duty pause is over and another victory for a broker in an interest-only mis-selling case offered a broad range of reading topics for advisers.

 

Nationwide cuts first-time buyer, home mover and remortgage rates

 

Properties selling over asking price reaches record high as supply plummets – NAEA Propertymark

 

Swindon most affordable alternative for first-time buyers leaving London

 

Mortgage complaints surge by more than half to 11,835 – The Ombudsman

 

Government outlines eligibility for First Homes scheme

 

Sellers receive offers within a month as end of stamp duty holiday draws near

 

Interest-only mis-selling claim against SPF Private Clients dismissed

 

LSL sells stake in LMS to focus on financial services strategy

 

Clydesdale removes 90 per cent LTV FTB product and cuts rates on 85 per cent LTVs

 

Buy-to-let rates fall to lowest level since January

Top 10 most read mortgage broker stories this week – 14/05/2021

Top 10 most read mortgage broker stories this week – 14/05/2021

 

Beyond these broker challengers, technology advances caught reader’s attention as new integrations and partnerships promised more seamless workflows. The rush of lenders returning to, or enhancing, their high loan to value (LTV) lending continued.

Meanwhile, the regulator ruffled feathers in setting out the latest fees to cover the cost of its compensation scheme.

 

Conveyancing costs double as homebuyers rush to beat the stamp duty deadline

 

HMRC warns of self-assessment delays which brokers fear could stall mortgage process

 

NatWest plugs mortgage application API into Moneysupermarket.com

 

Product transfers: Benefit to the customer or the lender?

 

Primis bosses heap criticism on FCA and FSCS fee blows and call for industry unity

 

Beverley BS offers limited edition 90 per cent LTV deal

 

It is a mystery why lenders insist on hard footprints for DIPs – Marketwatch

 

360 Dotnet and Twenty7Tec enhance integration for brokers

 

Virgin launches mortgage guarantee fixes up to 15 years; TSB adjusts rates

 

Opportunities rife for advisers promoting advice on furlough and the self-employed – Kensington

Top 10 most read mortgage broker stories this week – 07/05/2021

Top 10 most read mortgage broker stories this week – 07/05/2021

 

The challenge for self-employed applicants drew readers’ attention too, while rising house prices, combined with the latest potential fix for mortgage prisoners, from Prestbury’s former boss, revealed the complicated client landscape which brokers are presently asked to navigate. 

Virgin Money reveals 95 per cent LTV mortgage guarantee criteria

Brokers see little sign of mortgage improvement for self-employed borrowers

 

Ying Tan to exit Dynamo after Connells Group buyout

 

Legal & General trials equity release fixed early repayment charges

 

First-time purchases delayed by many obstacles – Yopa

 

Four in five first-time buyers rejected for mortgage – Aldermore

 

HSBC cuts rates up to 95 per cent LTV; The Nottingham and Vida add high LTV deals

 

ASA complaints upheld against Money Advisor

 

Former Prestbury boss prepares comeback with P2P product for mortgage prisoners

 

Barratt Homes cites dearth of high LTVs on new-builds as potential dampener on delivery

 

Top 10 biggest mortgage broker stories this week – 26/06/20

Top 10 biggest mortgage broker stories this week – 26/06/20

 

The launch of high loan to value mortgages from providers also stole the headlines.

Stamp duty, mortgage rates and Rightmove’s agent discount were among the other biggest stories.

 

 

Half of buyers denied mortgages despite having agreements in principle – survey

 

‘Stamp duty holiday a sensible idea for market recovery’ – Star Letter 19/06/2020

 

Rightmove braces for further £20m revenue hit after extending agent discount

 

Fixed mortgage rates drop 0.5 per cent – Moneyfacts

 

Man uses fraudulent HMRC payments to put offer on £2.6m house

 

More than 50,000 interest-only mortgages maturing this year – UK Finance

 

Yorkshire BS relaunches 90 per cent LTVs for first-time buyers

 

Family BS launches 95 per cent LTV first-time buyer deal

 

BoE will adjust QE before raising interest rates – Bailey

 

Santander increases 85 per cent LTV rates and cuts others

 

Top 10 most read mortgage broker stories this week – 19/06/2020

Top 10 most read mortgage broker stories this week – 19/06/2020

 

Accord, Saffron Building Society and Monmouthshire Building Society all re-entered with their own, in some cases limited edition, offerings.

Meanwhile Nationwide Building Society reduced its in-branch lending to meet its broker proposition at 85 per cent LTV.

The fallout from the coronavirus crisis continued with the next round of mortgage payment holidays commencing, while big lenders making rate cuts also drew attention.

 

Barclays and NatWest cut mortgage rates

 

More than nine million workers furloughed

 

Nationwide cuts high LTV lending to protect borrowers from risk of negative equity

 

Housing market fundamentally sound but stamp duty boost needed – Lewis

 

Lloyds calls borrowers at end of mortgage holidays to discuss next steps

 

Two estate agent directors banned for price fixing roles

 

Accord offers 90 per cent LTV deals to first-time buyers

 

Monmouthshire BS launches 90 per cent LTV mortgages

 

Five-year house price growth revised down to five per cent – Savills

 

Saffron BS launches 95 per cent LTV broker exclusive