Mortgages

Equity release enquiries addressed to the IFA network Burns-Anderson will now be referred to area specialists, Hinton & Wild (Home Plans), as the two companies agree terms for a non-exclusive arrangement.

Physical inspections are set to become a thing of the past for mortgage lenders as automated valuation models claims Hometrack.

House prices fell a further 0.1% for the 15th month in a row in September, according to the latest Hometrack survey.

The increase in total net lending to individuals in August (£8.9bn) was larger than in July and broadly in line with the previous six month average, according to the latest figures from the Bank of England.

Bankhall‘s commercial director, Shaun Godfrey, is to leave the company in October to pursue, what he says, are other business interests, full details of which will be announced in due course.

Half of all mortgage lenders are using third party IT suppliers to develop and run technology solutions, according to research from Marlborough Stirling.

Mortgage intermediaries say the government has not done enough to inform consumers about the benefits and possible pitfalls of self-invested personal pensions (SIpps), new research reveals.

UK house prices fell by 0.2% in September while the annual rate of house price growth is 1.8%, the lowest since May 1996, according to a report by Nationwide.

Mortgage consumers have paid over £1bn in unnecessary higher lending charges over the last five years, according to Nationwide Building Society.

Affordability based calculations help brokers write more business research published today claims.