The Association of Mortgage Intermediaries (AMI) has responded to the FCA’s Mortgage Rule Review consultation and cautioned that good advice is crucial to the proposals working well for consumers. The FCA’s consultation, Supporting First Time Buyers and Underserved Customers (CP26/18), suggests ways to increase access… The post AMI backs advice in FCA Mortgage Rule Review response appeared first on Mortgage Strategy.
Tenant fraud has moved firmly up the agenda for private landlords. What was once a background concern is now a frontline issue, shaped by legislative change, economic pressure and increasingly sophisticated forgery techniques. For mortgage brokers advising landlord clients, understanding this landscape — and knowing… The post Buy-to-Let Watch: Tackling tenant fraud appeared first on Mortgage Strategy.
If there’s one phrase I’ve heard more than any other over the past 12 months, it’s, ‘How do we use AI?’ It’s understandable. Every conference agenda, strategy meeting and board discussion seems to centre around artificial intelligence. Organisations are racing to adopt it, vendors are… The post Tech Watch: AI is no longer the advantage appeared first on Mortgage Strategy.
The former chief executive of Connells has won claims for age discrimination and unfair dismissal after an employment tribunal ruled he was treated unlawfully when he left the company after 33 years. David Livesey, who joined Connells in 1990 and became chief executive in 2008,… The post Ex-Connells chief wins fiery age discrimination and unfair dismissal cases appeared first on Mortgage Strategy.
Barclays is raising rates by up to 14 basis points tomorrow, while CHL and Nottingham are also putting prices up this week. In Barclays’ latest move, prices are set to rise on 79 different products including both residential and buy-to-let deals. Summarising the changes, Trinity… The post Barclays to raise rates again, plus hikes from CHL and Notts appeared first on Mortgage Strategy.
The Conveyancing Association’s non-executive chair Nicky Heathcote will step down from her role as she nears the end of her second term leading the association. Heathcote will remain in post while the board appoints her successor. During her tenure, Heathcote has led a number of… The post Conveyancing Association’s Heathcote steps down as chair appeared first on Mortgage Strategy.
Demand from prospective buyers eased slightly in May, while sales activity and stock levels remained largely stable, according to the latest housing insight report from Propertymark. The report found the average number of new prospective buyers registering with each member branch fell to 64 during the month. Despite the dip in demand, viewing… The post Propertymark: Buyer demand eases as sales market remains steady appeared first on Mortgage Strategy.
Clydesdale and Foundation have announced rate increases, while Precise and Newcastle are withdrawing products ahead of a reprice. Tomorrow’s changes from Clydesdale are to residential product transfer deals. The lender is raising two and five-year fixed rates in its core range by up to 23… The post Clydesdale and Foundation raise rates as others withdraw deals appeared first on Mortgage Strategy.
Nottingham Building Society has promoted four members of its intermediary sales team as it plans new product launches for the second half of the year. The mutual says the changes are designed to strengthen its support for clubs, networks and key account partners. Samantha Watts… The post Notts promotes four staff as it plans more launches appeared first on Mortgage Strategy.
ModaMortgages has launched a range of limited edition buy-to-let (BTL) products with no application fees. The specialist lender’s limited edition range includes two- and five-year fixed products available for single dwelling properties, with rates from 3.59%. The range also features two- and five-year fixed products… The post ModaMortgages adds limited edition BTL range with no application fees appeared first on Mortgage Strategy.
