Latest news for mortgage brokers and introducers - Introducer …
WEBLloyds and Halifax suddenly make cities more affordable for first time buyers. 9th September 2024 331 reads 0 comments. Lloyds Bank and Halifax have announced a new mortgage policy allowing first-time buyers to borrow….
Breaking News Archives - Introducer Today
WEBMortgage extensions can cost tens of thousands - new data. Mojo Mortgages’ data has revealed that extending a mortgage from 25 to 35 years can cost the average first-time buyer an extra £87,180. John Fraser-Tucker, head of... 1214 Reads.
Stock market benefits for companies - Introducer Today
WEB3 days ago · The stock market is a cornerstone of the financial world, playing a vital role in the economy by and enabling businesses to grow and innovate. In recent years, the UK market has experienced significant developments, with several high-profile IPOs and an increased focus on sustainable and tech-driven companies. There are also multiple IPO predictions for […]
Homebuyers must learn how to speed up the buying process – claim
WEBJust 18% of homebuyers say that a lack of up-front information in any way jeopardised their most recent purchase. Meanwhile, 73% of homebuyers report that they have little interest in paying a small amount of money (up to £300) to ensure that all of the information that can facilitate a fast sale is ready as soon as they approach a vendor, and ...
5 Tips for First-time Buyers in the UK - Introducer Today
WEB3.Avoid Mortgage Rejection Misery. First-time buyers may struggle to find a lender unless they have a hefty deposit saved up. While being self-employed is the most frequently cited reason, having a bad credit history, a below-average salary, or a minimal deposit are other causes for rejection. Apply when you have a larger deposit than necessary.
Revealed – how brokers can prepare for the new Consumer Duty
WEB1. Evaluate the rules against your business. Brokers should prioritise reviewing the FCA’s expectations against each element of their business ensure they are in the best place possible to make changes once the changes are confirmed at the end of the month. The duty is predominantly focused on ensuring good consumer outcomes .
Breaking News Archives - Page 2 of 177 - Introducer Today
WEBSep 4, 2024 · Mortgage Rate Cuts reduce exodus of first time buyers from London. Written by: Graham Norwood. Hamptons analysis of Countrywide estate agency data shows that in the first half of 2024, Londoners purchased 33,130 homes outside the capital, slightly below the 2015-2019 pre-pandemic average of 34,830.
Consumer Duty – Four Weeks before the Revolution Starts!
WEBWe’re now under four weeks away from the start of the Financial Conduct Authority’s Consumer Duty regime. This introduces a new Consumer Principle which requires firms “to act to deliver good outcomes for retail customers”. Finance institutions and key operators such as brokers have been warned they must be ready for one of the biggest ...
Guides Archive - Introducer Today
WEBMortgage changes ‘opens doors for thousands of first time buyers’ Revealed – hottest locations for Britain’s first time buyers; Lender’s first nil-fee two-year fix product for first time since…
World Cup boost for housing sector - Introducer Today
WEBWorld Cup boost for housing sector. THE increase in growth announced is a “very welcome” tonic for the housing sector, according to a leading property association. The National Association of Property Buyers said although the 0.1% bounce was “tiny” – it provided a much-needed boost. Spokesman Jonathan Rolande said: “This is ...