Mortgages

Research published by Heartwood Wealth Management suggests half of City workers intend to spend their entire bonus this season, and most of that on residential property.

January is always a good time for planning and goal setting both on a business and personal level. On the latter, I feel I need to make a couple of key changes during 2007, mainly to focus on one thing at a time and see it through to a successful conclusion....

A first time buyer couple will have to save up to the equivalent of 81.8% of joint take home pay to be able to afford upfront buying costs on a typical home, according to the Royal Institute of Chartered Surveyors.

The Association of Mortgage Intermediaries has published guidance notes for intermediaries on advising and arranging equity release products.

Four out of 10 landlords believe the value of their portfolio will increase over the next 12 months, according to a survey by Paragon Mortgages.

Small directly authorised mortgage firms need more support from the Financial Services Authority and other large players to stop them falling short of the desired regulatory outcomes, says Sesame.

Tightness in rental yields are partly an inverse result of capital appreciation, so the BTL buyer is always in a win-win situation, argues Jeff Knight, director of marketing at GMAC-RFC.

Only one third of firms giving mortgage advice have robust processes in place to provide customers with suitable advice, according to a report by the Financial Services Authority.

Product and people news, as well as announcements of deals have come thick and fast today in the property and mortgages arenas.

I could almost hear the champagne corks popping around the country on New Years Eve as brokers, lenders and networks alike celebrated a great year for the mortgage industry. I think the the partying is set to continue into 2007 too. With gross advances...