FTAdviser.com

Malone alone as Premier Mortgage hunt halts

Story by: Catherine Couch , Mortgage Adviser

The hunt for a successor to John Malone at Premier Mortgage Service has been halted until the mortgage club is re-jigged to cope with current market conditions.

• Time published: 00:01
• Date published: 20.08.2008
• Published in: Mortgages

RBS offers live talking shop

RBS Intermediary Partners has launched a brand new service on its website aimed at saving mortgages advisers time and money.

• Date published: 20.08.2008

First goes on the road

First - The Exchange has announced a series of technology roadshows to be held throughout September.

• Date published: 20.08.2008

Not so out of pocket

Times may be tough in the mortgage market but the industry showed it was still capable of supporting a good cause at the Birmingham Midshires Egyptian Summer Ball.

• Date published: 20.08.2008

Evaluate adds A&L

Evaluate Technologies has added Alliance & Leicester to its lender offering.

• Date published: 20.08.2008

Rental arrears expose protection gap

Nearly all those living in rented accommodation do not have provision to cover monthly payments if they were to lose their job, Axa has found.

• Date published: 20.08.2008

FTBs flock to advisers

More than three-quarters of first-time buyers sought advice from an intermediary in the second quarter of 2008, according to the Council of Mortgage Lenders.

• Date published: 20.08.2008

Pensioners see red: Key

People in the UK are set to retire £66bn in the red, according to Key Retirement Solutions.

• Date published: 20.08.2008

TMB closure 'not due to volumes'

The decision to close The Mortgage Business to new business was not down to lower business volumes or the credit crunch, according to Nigel Stockton.

• Date published: 20.08.2008

Packagers may struggle as HBoS drops brand

Some packagers could struggle as a result of the news HBoS is to streamline its distribution channels, according to intermediaries.

• Date published: 20.08.2008

Loanoptions goes into administration

Loanoptions.co.uk has gone into administration and is restructuring its business with new investors Merchant Business Finance Limited.

• Date published: 20.08.2008

Endowment holders feel cheated

Almost nine out of 10 endowment policyholders felt they were mis-sold the investment, according to Fairinvestment.

• Date published: 20.08.2008

SVR now a selling point: Nationwide

Borrowers are increasingly becoming influenced by a product's standard variable rate, Nationwide has found.

• Date published: 20.08.2008

HSBC sweeps up Nationwide clients

One in five customers who remortgaged with HSBC in the first half of 2008 came from Nationwide, according to James Thorpe, senior media relations manager of HSBC.

• Date published: 20.08.2008

Fee bill chokes adviser

A London-based mortgage intermediary has been struck off after failing to cough up £1166 in regulatory fees.

• Date published: 20.08.2008

Lenders concern over council mortgage plans

Controversial proposals to allow local councils to offer mortgages would raise serious risk and competition issues, according to two major lenders.

• Date published: 20.08.2008

Nottingham eyes next month for launch

Nottingham Building Society has revealed its new online system will be available to intermediaries by early September.

• Date published: 20.08.2008

Halifax offers cash top-up

Halifax is giving intermediaries the opportunity to earn a £100 bonus on their procuration fees.

• Date published: 20.08.2008

Six to face court over Thamesmead mortgage fraud investigation

Six people are to appear on bail at the City of Westminster Magistrates Court on Friday (22 August) on charges relating to a mortgage fraud investigation in Thamesmead.

• Date published: 18.08.2008

Halifax offers £100 proc fee bonus

Halifax has increased the procuration fees for directly authorised advisers who source their products through selected channels for a limited period.

• Date published: 18.08.2008

Newcastle to launch 20 more products

Newcastle Building Society is bucking the market trend with the launch of 20 new products with rates starting from 5.65 per cent.

• Date published: 15.08.2008

Halifax reduces rates on intermediary range

Halifax has cut the rates on a number of its intermediary products.

• Date published: 15.08.2008

Just Retirement axes up-front fees on equity release

Just Retirement has removed up-front fees for its range of equity release products until the end of the year.

• Date published: 14.08.2008

Third of homebuyers waiting for prices and rates to fall

More than a third of homebuyers are putting off purchasing because they believe rates will be cheaper in six months time, according to HSBC.

• Date published: 14.08.2008

Loanoptions.co.uk enters administration

Loanoptions.co.uk has gone into administration, restructuring its business under new investors Merchant Business Finance Limited.

• Date published: 13.08.2008

HBoS admits TMB unlikely to return to market after closure

The Mortgage Business (TMB), one of the five HBoS mortgage brands, is unlikely to return even if the market became more buoyant, Nigel Stockton said.

• Date published: 13.08.2008

HBoS closes The Mortgage Business to new business

Halifax Bank of Scotland's (HBoS's) The Mortgage Business (TMB) brand is to close to new business on 22 August.

• Date published: 13.08.2008

Ahipp man to head up mortgage policy at BSA

The Building Societies Association (BSA) has appointed a new head of mortgage policy.

• Date published: 12.08.2008