Santander is updating its quality-based fee structure, including extending the assessment to loan terms of five years or more, resulting in lower adviser fees.
Santander was the first lender to introduce quality-based fees in summer 2012 for appointed representatives, but excluded mortgages with longer loan terms with all advisers and paid a flat rate of 0.5%....
Latest stats from HMRC
'Specific purpose successfully achieved'
Labour would make first-time buyers exempt from stamp duty for purchases under £300,000, Ed Miliband is due to announce.
The housing market recovery helped stamp duty revenues soar by a fifth in 2014-2015 to a record high of £8bn, according to research.
The Financial Conduct Authority (FCA) may restrict the changes lenders can make to mortgage contracts after assessing the fairness of the existing regulations.
The Pro Adviser Podcast
Following Bailey's BoE role