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Consumer Duty report on meeting client needs published by FCA

Mortgage Finance Gazette
Mortgage Finance
4 years ago

It has published (7 December) a consultation and draft guidance to help firms prepare before the introduction of the new duty. The,.. Read More;

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House prices rise for fifth month in a row, reports Halifax

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This means a monthly change of 1% and an annual growth rate of 8.2%. Halifax also notes that the quarterly change,.. Read More;

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Paragon Bank sees profits rise by 62%

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This compares to underlying profit of £120m in 2020. It adds that mortgage lending advances increased by 29.4% to £1.63bn, with,.. Read More;

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Mortgage lender Even to launch before year end

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The new lender, Even, will offer FTBs a second-charge equity loan to help them purchase a pre-owned property, as opposed,.. Read More;

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Contruction PMI at 55.5 in November

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The IHS Markit/CIPS UK Construction PMI for November was 55.5 compared to 54.6 in October, in what the report called,.. Read More;

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Proportunity teams up with Kensington

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Proportunity, founded in 2016, provides second-charge top-up loans to help buyers leverage larger lending deals, with deposits as low as,.. Read More;

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Pedley leaves MAB for Pink Pig Loans

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Pedley joins from Mortgage Advice Bureau, where she has worked as a mortgage and protection specialist for five years. She,.. Read More;

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Crosbie replaces Garner as Nationwide chief executive

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Crosbie, who prior to this was the chief executive of TSB, will be the building society’s first female executive director,.. Read More;

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Average two-year fixed rate rises 4 basis points, Moneyfacts notes

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Meanwhile, the average rate for a three-year fix increased by 1 basis point to 2.34%, the average five-year fix price,.. Read More;

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Bridgman joins Generation Home as head of credit

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Bridgman joins from Virgin Money where he was head of mortgage credit. He has 15 years’ experience in the industry, having,.. Read More;

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RVU completes purchase of Mojo Mortgages

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The deal was originally announced in July, with RVU saying it wanted to disrupt the mortgage industry through greater digitisation. Manchester-based,.. Read More;

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Record 60,600 homes bought using Help to Buy loans, but repayments rise

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The number of new build homes bought under the scheme is up 43% in the year to June, says the,.. Read More;

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