Mortgages

Reports of improving prospects for the housing market are misplaced, according to research suggesting banks are upping the number of new mortgages requiring giant deposits.

New buy-to-let landlords are finding it difficult to obtain suitable mortgage as the number of products in the market tumbles.

The Mortgage Alliance (TMA) is offering directly authorised intermediaries an opportunity to earn an additional £100 commission per completed case to mark the addition of Affirmative Finance to its bridging proposition.

Woolwich, the lending arm of Barclays, has announced it is cutting the rates on more than half of its mortgage range by an average of 0.35%.

Mortgage approvals by building societies doubled to £1.5bn in March, figures show.

The value of equity release policies sold by Just Retirement increased marginally in the first quarter, compared to the corresponding period of 2008.

A merger between mortgage sourcing provider Trigold and point of sale solutions firm Crystal has been finalised, IFAonline understands.

A technology-based network for whole of market advisers is cutting charges for mortgage-only firms by 50%.

This week saw the announcement Trigold and Crystal have merged. Not a surprise in many ways, as both are among the market leaders for supplying mortgage technology solutions, but their respective offerings were focused on different functional niches....

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