Mortgages
The housing market revival witnessed in recent months may soon become a full-scale recovery, figures obtained by a property survey suggest.
About 4,000 reservations have been made for new homes using the government’s Help to Buy scheme in just two months since the launch.
The Financial Conduct Authority (FCA) has fined a sole trader £63,000 for arranging mortgages without permission and giving false information to the regulator.
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So the year has started off with a glimmer of good news - gross mortgage lending is forecast to increase again this year.
Trying to broker a mortgage case in this era of regulatory and lender scrutiny is almost as frightening as a Freddy Krueger movie, but there is one reason why you should never be afraid, writes Prolific Mortgages managing director Lea Karasavvas.
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