News

May 22nd, 2014

In reaction to calls from the Bank of England for lenders to assist in curbing ever increasing property values, the Lloyds Banking Group have chosen to introduce a 4 x income cap on any lending above £500,000. The move ha... Read More

May 20th, 2014

Mark Carney, the Governor of the Bank of England, sparked yet more discussion on the validity of the Governments Help to Buy incentive scheme over the weekend, especially provocative in a market where demand for property i... Read More

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