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FTAdviser latest:Equity withdrawal plummets for fourth successive quarter
Story by: Gemma Westacott, FTAdviser
Housing equity withdrawal has fallen into negative territory for the fourth successive quarter, as homeowners continue to shun cashing in on property equity to fund spending.
- Time published: 11:15
- Date published: 03.07.2009
- Published in: Mortgages
Mortgages products available to advisers hit all time low
The number of live mortgage schemes available to intermediaries has plummeted to an all time low, following a 16 per cent drop in live products in June.
- Date published: 03.07.2009
Rise in available credit may lead to growth in higher LTVs
A modest expansion in the number of higher loan-to-value (LTV) mortgages is expected in coming months, according to the Council of Mortgage Lenders (CML).
- Date published: 02.07.2009
Nine out of ten borrowers are fixing rates - L&G
Almost 90 per cent of borrowers are now fixing their mortgage rate, according to Legal & General.
- Date published: 02.07.2009
Sale and rent back regulation comes into force
Interim regulation of the sale and rent back market came into force today (1 July), with the industry quick to welcome the initiative.
- Date published: 01.07.2009
Mortgage advisers suffer fall in available products
The number of mortgage products available to intermediaries fell by 6.45 per cent during May to just 2,673, as direct only products continue to rise.
- Date published: 26.06.2009
Flight to fixed rates slows as rates rise
The recent trend for mortgage borrowers to opt for fixed rate products has slowed this week, after
- Date published: 25.06.2009
CML sees slight lending drop
Gross mortgage lending declined a further 2 per cent in May despite signs of improvement in the housing market, according to the Council of Mortgage Lenders.
- Date published: 25.06.2009
Leadbay sees IFA turf wars
IFAs already fighting for business are increasingly facing competition from mortgage advisers who are branching out and stepping on their toes, according to Leadbay.
- Date published: 25.06.2009
IFAs only get one chance to apply for Abbey mortgages
Abbey for Intermediaries has changed its mortgage application process in an attempt to manage volumes and turnaround times by rooting out and declining those applications which are unsatisfactory and incomplete.
- Date published: 24.06.2009
Features
MysteryShopper: Chelmsford
This week's mystery shopper heads to Chelmsford to find out about getting on the property ladder
- Time published: 00:01
- Date published: 02.07.2009
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Features
The sooner we have a general election the better
Letter to the Editor
- Time published: 00:01
- Date published: 02.07.2009
Features
Mystery Shopper: Cheltenham
This week's Mystery Shopper heads to Cheltenham to find out about equity release schemes
- Time published: 00:01
- Date published: 25.06.2009
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