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Author profile

Kay McLellan

Articles by Kay McLellan

Mortgages

Attempted mortgage fraud rises 37%

The number of attempted mortgage fraud cases continued to steadily increase by 37% in the first half of the year, according to Experian.

clock 10 September 2010 •

Mortgages

Top five lenders claim 82% of lending

The five largest lenders in the UK accounted for 82% of all mortgage lending activity in 2009, according to the CML.

clock 10 September 2010 •

Mortgages

House price fall continued in August - Nationwide

House prices fell for the second consecutive month in August, figures from Nationwide suggest, but the building society says the correction is "not unhealthy".

clock 02 September 2010 •

Mortgages

FSA fines and bans 'reckless' mortgage brokers

The FSA has taken action against two mortgage brokers for reckless business practises that allowed false and misleading mortgage applications to be made to lenders.

clock 01 September 2010 •

Mortgages

First-time buyers fail to benefit from improved affordability

Monthly mortgage payments as a proportion of income are now nearly half of 2007 levels, yet affordability is still cited by over 50% of first-time buyers as the main barrier to entry.

clock 19 August 2010 •

Your profession

Intrinsic founder Higginson departs

Intrinsic Financial Services group marketing director George Higginson is to leave the network.

clock 16 August 2010 •

Mortgages

CML cuts mortgage repo and arrears estimates

The Council of Mortgage Lenders (CML) has revised down its forecast on the numbers of borrowers who will fall behind with mortgage payments or lose their homes.

clock 12 August 2010 •

Mortgages

FSA warns against sale and rent back broker

The FSA has issued a warning against Sevenoaks-based sole trader Mark Ainley for breaching his authorisation by entering into sale and rent back agreements.

clock 12 August 2010 •

Insurance

FSA prevents Wise Owl offering insurance and mortgages

Birmingham-based Wise Owl Services is no longer permitted to conduct insurance and mortgage activity after the FSA contacted the firm over concerns about its sales practices.

clock 11 August 2010 •

Mortgages

Ex police investigator jailed for £4.6m mortgage fraud

Three people have been sentenced to a total of almost ten years in prison for defrauding mortgage lenders of £4.6m.

clock 10 August 2010 •
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