mortgage approvals
Phil Whitehouse, head of The Mortgage Alliance (TMA), examines what action brokers can take to make sure they don't lose out in a dual-pricing environment.
Research from NatWest Intermediary Solutions suggests 67% of brokers are optimistic they will write more mortgage business in 2010 than last year.
Mortgage approvals declined in February for the third consecutive month, Bank of England figures reveal.
Other mortgage approvals articles
Aldermore is designing its mortgage range specifically to help self-employed and creditworthy borrowers who are being turned away by lenders.
Mortgage approvals dropped by almost 10,000 in January, according to the latest monthly figures from the British Bankers' Association (BBA).
Gross mortgage lending fell 32% in January compared with the previous month to hit its lowest monthly total for 10 years, figures from the Council of Mortgage Lenders (CML) show.
The average loan-to-value (LTV) on new mortgages hit 70% in December for the first time since April 2009, according to figures from the Mortgage Advice Bureau (MAB).
The number of UK mortgage approvals hit more than 42,200 in October, the highest since January last year, the British Bankers' Association (BBA) says.
Nearly one in three mortgage deals on the market are currently broker-only as lenders continue to make a commitment to the intermediary market, research suggests.
House prices will end 2009 higher than they started the year due to price rises in certain areas over the past few months, according to the Royal Institution of Chartered Surveyors (RICS).
Mortgage approvals for house purchase and remortgaging in June have risen above the previous six-month average.
Mortgage approvals in December 2007 reached half the level they achieved in January, according to data from Connells Survey & Valuation.
Mortgage interest payments take up the largest proportion of income for 15 years, according to figures from the Council of Mortgage Lenders (CML).
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