New data obtained through a recent Freedom of Information (FOI) request to the FCA by Network Consulting, seeking the total number of Directly Authorised (DA) intermediary firms and advisers operating in the retail advice space across both wealth and mortgages, reveals a market undergoing significant… The post DA contraction vs network growth: The new market divide? appeared first on Mortgage Strategy.
Nationwide has cut rates across its fixed rate mortgage range for first-time buyers and those looking to move home, effective tomorrow (15 January). These latest changes will see rates reduced by up to 0.20% across two-, three- and five-year fixed rate products with Nationwide’s lowest… The post Nationwide launches lowest rate at 3.50%, Clydesdale trims prices appeared first on Mortgage Strategy.
The Equity Release Council (ERC) has promoted Kelly Melville-Kelly to the role of deputy chief executive as part of a major restructure. Melville-Kelly becomes deputy chief executive immediately, reporting into chief executive Jim Boyd. She remains director of risk, policy and compliance. As part of… The post Equity Release Council promotes Melville-Kelly to deputy chief exec appeared first on Mortgage Strategy.
Shawbrook Retail Mortgages has made a series of residential mortgage rate reductions across The Mortgage Lender (TML) and Bluestone Mortgages. Bluestone Mortgages has lowered prices by up to 20 basis points across selected products. These include a 15bps cut on 85% loan-to-value (LTV) two-year deals,… The post TML and Bluestone Mortgages trim prices appeared first on Mortgage Strategy.
The Property Ombudsman has reminded buyers of their right to use the mortgage broker of their choice after a Panorama documentary last year exposed some estate agents’ tactics. In newly-published guidance for consumers, the Ombudsman reinforces the fact that conditional selling, where an estate agent pressures… The post Ombudsman reminds buyers of right to choose broker after estate agent scandal appeared first on Mortgage Strategy.
