Author Archives: tony
A Christmas Present from Precise Mortgages
Precise Mortgages, the intermediary only lender, will be giving one lucky mortgage intermediary a £2,000, available in their account on the 21st December 2012, cash prize just in time for Christmas. By registering with Precise Mortgages by the 17th …
Precise Mortgages revamps mortgage range
Precise Mortgages, the intermediary only lender, today launches a series of improvements to its mortgage range in a bid to take a step closer to being a one stop shop for mortgage intermediaries. Firstly, on its Mainstream range, all …
Exact Mortgage Servicing Gains More Intelligence
Exact, the mortgage servicing and asset management business has improved its mortgage servicing platform with the addition of real-time credit data. This equips its experienced collectors with access to live credit data and analytics, which enables them to review …
CHL buy-to-let arrear levels continue to fall
Specialist lender, CHL Mortgages, has today (12th November 2012) revealed a continuing fall in arrear levels for its buy-to-let mortgage book. As at the end of October 2012, out of 42,000 live mortgage accounts, only 572 (1.36%) were in three-month …
Buy-to-let continued to grow in third quarter
The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2 billion, an increase of 8% over the £3.9 billion advanced in the preceding three months, according to data published today by the Council of Mortgage Lenders. The number …
Posted in Mortgages
Tagged buy to let, CML, Dragonfly Property Finance, Jonathan Samuels, Paul Smee
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Paradigm Mortgage Services celebrates 5th anniversary
Paradigm Mortgage Services, the mortgage services proposition, is celebrating its 5th anniversary since its launch at the end of 2007. The distributor has now secured a 3.5% share of the mortgage market via approximately 2,200 Registered Individuals (RIs) currently …
Repossessions fall in third quarter and arrears remain stable
The number of mortgage possessions fell again in the third quarter of 2012, according to data released today by the Council of Mortgage Lenders. A total of 8,200 properties were taken into possession in the third quarter, down from …
CML Chairman says lenders have the insight to deliver a consumer-focused mortgage market
Speaking at the Council of Mortgage Lenders’ annual conference, CML Chairman Martijn Van der Heijden reminded delegates that, despite relatively subdued market conditions, one million households have become first-time buyers since the credit crunch, accounting for 1 in 10 of …
First Time Buyers drive annual growth in valuations market
Valuations activity climbed annually in October following a strong year-on-year improvement in first time buyer numbers, according to the latest Housing Market Activity Report by Connells Survey & Valuation. The total number of residential valuations conducted by Connells in …
RICS calls for compulsory regulation of estate agents
The age old problem of consumers not trusting estate agents continues right across the UK, with over 90% of homebuyers now calling for compulsory regulation to better protect buyers, according to a new RICS survey. Of those who failed …