A market leading website has recently been launched to help small to medium sized brokers comply with the new Treating Customers Fairly (TCF) regulations for debt management and IVA referrals.
Smooth Financial have launched www.smoothintroducers.co.uk which they claim is a first in the industry, allowing brokers to easily comply with the new TCF Regulations with regards to debt [...]
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The Association of Mortgage Intermediaries (AMI) has told members it is considering seeking involvement from the Office of Fair Trading (OFT) over lenders’ dual pricing strategies.
In an update to its members, the trade body says much of its lobbying work is done out of sight, and if every issue was raised publicly its lobbying influence would be [...]
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Chelsea will withdraw its intermediary product range from end of play today after receiving a high volume of mortgage applications from brokers.
It says this has resulted in service delays and in order to ensure it continues to provide a high quality service to its intermediaries it has taken the decision to temporarily withdraw all of [...]
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House prices fell by 1.3% on average in April, says the latest Halifax House Price Index.
The index, released this morning, shows that house prices were 0.9% lower on an annual basis.
Halifax says it expects a middle single digit percentage decline in UK house prices this year although it emphasises that there will be regional variations.
The [...]
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Moneycorp, the international foreign exchange and payments firm, is backing a new service from IndependentOwners.com that generates tenant enquiries for rental property owners worldwide free of charge.
Moneycorp has secured the services of IndependentOwners.com to offer all of its customers – typically overseas buy-to-let property investors – the opportunity to advertise their property to the worldwide [...]
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The latest figures from Safe Home Income Plans (SHIP) show a ‘resilient’ market for equity release products, according to Bridgewater Equity Release.
In the latest figures for Quarter 1 2008, SHIP revealed the number of equity release plans sold fell by 13% year on year, from 6,785 down to 5,892; the fall reflecting lower demand in [...]
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Base Commercial Mortgages has offered to help brokers who have been hit by Salt Commercial’s recent decision to cease new lending and review uncompleted pipeline cases.
Paul Marland, sales and marketing director at Base, said: “Preparing and submitting a commercial mortgage application involves considerably more work than a residential mortgage and to have to re-broke cases [...]
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Solent Mortgage Services (SMS) is undertaking a series of nationwide seminars and workshops to highlight the importance and application of Treating Customers Fairly. It sees the opportunities to further help clients through structured debt solutions as part of the whole TCF concept.
SMS, which as a founder member of RAMP, argues that debt management solutions are [...]
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Commercial Loan Company, recently appointed as the preferred commercial mortgage packager for network Homeloan Partnership (HLP), has attended seminars for HLP members in Manchester and Crawley last week.
Attended by over 100 current and prospective members, the seminars offered a chance for Homeloan Partnership ARs to hear from different product providers including Commercial Loan Company.
Commercial Loan [...]
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Abbey for Intermediaries is to re-introduce mortgage exclusives through its broker channel after withdrawing them last month to help maintain service levels.
The new exclusives will be offered to limited number of commercial partners in the first instance. The products all have a maximum 50% LTV and range between 5.76% and 5.81%
Adrian Whittikar, key accounts director, [...]
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