May 19th, 2014
The Governor of the Bank of England, Mark Carney, has expressed the most serious concerns so far about the Government’s Help to Buy Scheme. In a candid interview with Sky News this weekend, Carney admitted that ... Read More
May 14th, 2014
As the stormy seas of MMR now begin to settle, remortgage business has been hardest hit by the regulator’s new changes, recent figures from the Mortgage Advice Bureau show.
Figures released for the month of Ap... Read More
May 8th, 2014
The Bank of England base rate has been held at 0.5% again, as the clock counts down to a base rate increase in early 2015.
Bank of England chief Mark Carney stated recently that any rate increase will not b... Read More
May 7th, 2014
Recent news from industry group ‘Engineering the Future’ has suggested that there could soon be a real skills shortage in the manufacturing field, as many of the nation’s engineers approach retirement... Read More
May 1st, 2014
With many lenders now adjusting to new processes in the wake of the biggest change to the mortgage market in many years, we can now look at just what this means to you, in real terms.
What used to happen, in what ol... Read More
April 24th, 2014
During the summer of 2013, a shortage of surveyor support elongated processing times for a mortgage application in the UK. Market wide concern has again appeared this month, as reports suggest that large surveying firms ar... Read More
April 23rd, 2014
The chief executive of the Financial Conduct Authority has this week suggested that shorter term fixed rates could be a thing of the past, as lenders begin to feel the effects of the Mortgage Market Review.
Mart... Read More
April 16th, 2014
The Mortgage Market Review (MMR) outlines a clear set of rules which are being introduced to reinforce Consumer Protection, overseen by the Industry Regulator, The Financial Conduct Authority (FCA) and will be applied ... Read More
April 10th, 2014
One of the markets leading buy to let lenders, BM Solutions, announced just under a month ago that they would be opening criteria to allow for first time buyers to raise finance for new investment property purchases. F... Read More
April 10th, 2014
Some of the UK’s largest mortgage lenders have announced how long a borrower should expect to be interviewed for regarding their mortgage requirements under strict new mortgage rules that go live on 26th April. These rul... Read More
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