A spotlight on fees assisted remortgage services
Jul 26, 2019 · A spotlight on fees assisted remortgage services. By admin in Features 26th July 2019 0. The Mortgage Finance Gazette Lunch Club, in association with Optima Legal, met to discuss fees assisted remortgaging, where the lender pays most of the borrower’s legal fees. Back l-r: Michael Conville, head of mortgage operations, Newcastle Building ...
Mortgage Finance Gazette
Mortgage Finance Gazette –. IHT lifts 10% to £4.3bn as Chancellor prepares Budget plans: HMRC. BTL loans in Q2 hit £8.9bn up 26% on 2023: UK Finance. Second charge lending growth outpaces market over 1, 2 and 5 years: Pepper Money. Stamp duty receipts hit £8.6bn as focus turns to Reeves budget. Product availability increases but borrowers ...
Ten of the biggest fraud and money laundering scandals from the …
Jan 13, 2020 · Money laundering and fraud cost UK businesses, citizens and the government more than £100 billion a year, according to the National Crime Agency.The effects can have a devastating impact on ordinary people as well as businesses and the government.
Beware the dangers of past mining activity - Mortgage Finance …
Aug 6, 2018 · Around £40 million of damages has been paid out to properties in the last decade – and that is just in coal mining areas. There are two types of past mining activity – deep mining and shallow mining. Deep mining is often linked to more modern mining processes and generally regulated, recorded and remediated.
Co-op Bank migrates 120,000 mortgage borrowers from Platform
Feb 15, 2024 · The Co-operative Bank has migrated 120,000 mortgage customers from its Platform hub to the new The Co-operative Bank for Intermediaries mortgage brand. The lender says the move is part of a wider technology upgrade, “which will see the bank retire the majority of its legacy systems and data centres” later this year. It adds the new hub ...
Leasehold issues for lenders: Forfeiture and disclaimer of leases
Mar 15, 2018 · The overall growth in leasehold ownership is resulting in lenders increasingly finding themselves having to grapple with issues affecting their leasehold securities – both in connection with shared ownership and conventional long leasehold properties. Risk of forfeiture Where a borrower defaults on monies due under the lease (usually service ...
Air Sourcing to launch new factfind and suitability report
Apr 16, 2021 · Air Group, the later life services platform, has today announced the launch of a new factfind and suitability report for advisers via Air Sourcing. From May, registered users of Air Sourcing will be able to access the new factfind and suitability reports which it said will make the sales and administration process far easier and more efficient.
Halifax Intermediaries debuts sub 4% loan, cuts resi rates by up to ...
Feb 14, 2023 · And a 10-year purchase fixed-rate repayment and interest-only offer at up to 75% LTV, with a £999 fee, at 4.04%, also down by 36bps. Minimum loan £25,000, Maximum loan £1m. Halifax Intermediaries and Scottish Widows Bank head Amanda Bryden says: “On 15 February, we’re making cuts of up to 36bps across our fixed-rate homebuyer mortgage range.
Allica Bank acquires bridging lender Tuscan Capital
Aug 30, 2024 · Allica Bank has acquired bridging business Tuscan Capital, giving the business lender a presence in the bridging market. Allica says the purchase from UK investment house Quilam Capital, for an undisclosed sum, will extend its offering in this area. It will focus on bridging and refurbishment finance, particularly on semi-commercial and full ...
UK Mortgage Prisoners Action Group urges Govt to 'curb the …
Aug 8, 2024 · The UK Mortgage Prisoners Action Group (UKMP Action Group) has called for the government to take “urgent action” to protect mortgage prisoners and to “curb the tsunami of repossessions and forced sales it is seeing”.