Stephen-Quigley
Platform, the intermediary lender of the Co-operative Bank, is to relocate its pre-completion and customer care services centres, with up to 90 staff to be affected.
Chancellor Alistair Darling has announced the Government will integrate Northern Rock Asset Management (NRAM) and Bradford & Bingley (B&B).
Mortgage advisers have given their support to FSA proposals to introduce mortgage suitability letters.
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Martin Reynolds, director of business development at PMS, has decided to leave the firm to pursue new challenges.
Phoenix Corporate Planning Group has bought up assets from the collapsed mortgage network Mortgage Times.
Mortgage advisers predict a bumper Q2 as sentiment is buoyed by rising house prices, new lending and improving consumer confidence, research suggests.
An industry forum has been established with the task of tackling mortgage fraud.
The latest Rightmove house price index has revealed a virtual price standstill as new sellers are asking for just 0.1% more for their properties in March.
HSBC will launch a two-year discounted mortgage at 1.99% available up to 60% LTV on Monday.
Distressed bank Northern Rock recorded a statutory loss of £257m in 2009, compared to a loss of £1.4bn the previous year.
Equity release provider Stonehaven has temporarily suspended all new lending.
The slow but steady rise in house prices in recent months may be stunted as more properties come on to the market, surveyors say.
State funded banks are becoming less willing to actively compete with privately owned rivals, according to Moneyfacts.
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The “Structured Products” industry has come a long way over the last few years and in my opinion has evolved, and not devolved itself, alongside the more traditional investment markets.
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