Mortgage Strategy

Mortgage Strategy

15/12/2017 01:10 PM
Yorkshire BS appoints chief people officer

Yorkshire Building Society Group has appointed Susana Berlevy as chief people officer, subject to regulatory approval. Berlevy joins from insurance broker Ed Broking, where she was HR director. She is due to join Yorkshire in the second quarter of 2018. Yorkshire Building Society chief executive Mike Regnier says: “I’m delighted to welcome Susana as our […]

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15/12/2017 12:59 PM
Market Watch: Enough to break the stalemate?

Will the Budget lead to anything beyond a feigned determination to build more?

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15/12/2017 12:04 PM
Scottish Widows appoints new distribution director

  Scottish Widows has appointed Jackie Leiper as distribution director. Leiper, who is currently protection director, will take up her new role in January 2018 subject to FCA approval. She will take over from Ronnie Taylor, who is leaving the firm. Leiper’s new role will see her responsible for building business relationships with financial advisers, […]

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15/12/2017 10:49 AM
The Right PMI adds CS Healthcare to panel

The Right PMI & Healthcare, the specialist PMI division of The Right Mortgage & Protection Network, has added CS Healthcare to its panel. The deal means network members can choose from 20 PMI providers. CS Healthcare sells cover for those who work or have worked in the civil service, public sector and not-for-profit organisations. CS […]

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15/12/2017 10:41 AM
Moving costs at all-time high

Moving house has never been more expensive, according to comparison website reallymoving.com. The firm says the average cost in 2017 was £7,381, the highest since 2010, even when adjusted for inflation. Nearly half (44 per cent) of the total cost of moving is made up of estate agent fees. Estate agent rates are at an […]

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15/12/2017 10:09 AM
Accord pares back rates on 75% of buy-to-let range

Accord Buy To Let is reducing rates by up to 0.35 per cent on three quarters of its mortgage range.  Accord will also cut its £1,995 product fee to £1,495 on certain options, and selected mortgages which previously had a £450 fee are now fee free.  The changes come in on Monday 18.  Accord will […]

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14/12/2017 04:30 PM
Bank of England keeps base rate at 0.5%

The Bank of England Monetary Policy Committee has voted to keep base bank rate at 0.5 per cent.  The MPC vote was unanimous.  Last month, the MPC hiked the base rate from 0.25 per cent to 0.5 per cent.  Santander UK chief economist Frances Haque says the move was “expected”.  He adds: “Financial markets and […]

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14/12/2017 01:02 PM
Comment: No room for complacency in London’s prime property market

London’s prime property market is unique, with attractions for overseas buyers that are hard to match anywhere else in the world. Buyers’ properties are protected by an impartial legal system, they have the medium of the English language, very good schools, a safe environment, and London’s status as a financial hub. A weaker pound is […]

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14/12/2017 12:38 PM
Q&A: Peter Williams on ten years at IMLA

Intermediary Mortgage Lenders’ Association executive director Peter Williams has revealed his biggest challenges and proudest moments as he prepares to retire after more than ten years with the trade body. Q: What are the landmark changes you’ve seen in the last ten years? A: I arrived, and shortly after we went into the downturn. IMLA […]

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14/12/2017 11:57 AM
Foundation Home Loans ups LTV on BTL products

Specialist lender Foundation Home Loans has increased the maximum LTV on its standard and first-time landlord  buy-to- let products.   From today, up to 80 per cent LTV will be available on the products, up from 7 per cent, and come with a choice of fee: either a 2 per cent arrangement fee or a […]

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