Story by: David Pawsey, Mortgage Adviser
Lender's savings assets go to Santander and it ceases to trade as a private company
Safe Home Income Plans has hit out at a guide published by consumer watchdog Which? that it claimed painted an outdated view of equity release.
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Less than one in six people have adequate financial provisions if they were unable to work due to long-term illness or incapacity, according to a YouGov survey.
Getting a mortgage has become even harder in 2008 and especially for first-time buyers, sharing schemes are out there to help but more must be done to let others taste the sweet success of home ownership, says Catherine Couch
If I am not sorely mistaken, I have spotted that the polite game of lawn bowls the mortgage industry has been playing for most of this year has swiftly been replaced with what can only be described as financial services Jenga on a global scale.
Mortgage Brain, Sourcing system, www.mortgage-brain.co.uk
The future of exclusive intermediary mortgage deals looks grim with many mortgage lenders contacted by Mortgage Adviser revealing no immediate plans to bring such offerings back.
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