Mortgages

Regeneration areas are competing strongly with university towns and holiday destinations for the attention of buy-to-let investors, a survey commissioned by the Property Investor Show reveals.

db Mortgages has appointed Nic Ekin as key account manager it was announced today.

John Champion is to leave his role as intermediary sales director at Cheltenham & Gloucester, after 20 years with the lender, at the end of the month it was confirmed today.

House price growth has turned negative in August, with a sharp fall in demand, according to the Royal Institute of Chartered Surveyors (RICS).

CHL Mortgages has launched a free Clearing Hotline to help intermediaries who were let down by lenders pulling their product ranges.

Infinity Mortgages has launched a new packager, named Infocus Mortgage Company, it was announced today.

Some of the smaller sub-prime lenders could soon follow Victoria Mortgages into administration in the wake of the credit crisis, according to Ray Boulger, senior technical manager at John Charcol.

The eMortgage Forum, part of e-commerce standards group Origo, has today given the go ahead to create a standardised system for mortgage application, mortgage tracking and product data.

HSBC has cut interest rates on its Fee-Free Lifetime Tracker mortgage by 0.1%.

The number and value of loans has fallen for home purchases and remortgaging, while the buy-to-let market has reached record levels, according to the Council of Mortgage Lenders.