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 …

Posted in Mortgages | Tagged , , | Leave a comment

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 …

Posted in Mortgages | Tagged , | Leave a comment

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 …

Posted in Mortgages | Tagged , , | Leave a comment

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 …

Posted in Mortgages | Tagged , , | Leave a comment

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 , , , , | Leave a comment

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 …

Posted in Mortgages | Tagged , | Leave a comment

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 …

Posted in Mortgages | Tagged , | Leave a comment

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 …

Posted in Regulation | Tagged | Leave a comment

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 …

Posted in Mortgages | Tagged , | Leave a comment

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 …

Posted in Regulation | Tagged , | Leave a comment