06th October 2009
Mortgage Brokers in the UK
The mortgage broker industry in the UK has been negatively affected by the credit crunch more than any other country in the world, apart from the USA. The boom of the late 1990s and early 2000s officially ended in late 2007 w...
06th October 2009
So, amid all the economic doom and gloom, is there any ray of sunlight? How about any cause for optimism at all? Of course there is, the financial markets seem have recently experienced one of the biggest run-ups in stock market history, the marketplace i...
23rd September 2009
Mortgage lenders in Australia rarely deal with brokers that cannot submit a high volume of successful home loan applications to them each month. For example, a particular bank or non-bank lending institution might refuse to deal with an entity that cannot...
23rd September 2009
Becoming a mortgage broker and helping people with their home loans is one of the most intrinsically rewarding finance careers in Australia. In addition to the buzz of helping people buy their homes, successful brokers also enjoy a high income and the lif...
01st May 2009
The phrase “credit crunch” has been firmly etched into the history books thanks to the countless media stories circulating around the globe over the past few years. The phrase has been coined to summarise into a few words the massive problems with the...
12th January 2009
Future millionaires were abandoned by the thousand by both mortgage lenders and the property courses that had previously filled their heads full of dreams. While buy-to-let mortgage products were disappearing from the lenders’ best buy tables the variou...
12th January 2009
It would be hard to find anyone in the Western world who has not head of the credit crunch by now. So much has been written and spoken about one of the biggest financial disasters in history that it seems almost as though society has become engulfed in it...
02nd December 2008
Major financial institutions which hold billions of pounds in mortgage backed securities have been watching mortgagors default on their home loans in record numbers in recent times. Surprisingly these investors have not shored up their defences against th...
27th August 2008
One of the world’s biggest finance companies has pulled its self certification mortgage range from the market with immediate effect. The huge lender has their fingers in many different financial pies all around the world which means their UK self-cert l...
27th August 2008
Equity has long been the golden egg of the property investing world. Build up enough equity in your property portfolio and you will never need to work again. Countless celebrity investors and seminar givers have championed the call for us all to buy prope...
27th August 2008
Recent news has emerged regarding the staff of a well known lender finding themselves in a position in which they cannot refinance their own homes. Such a circumstance is quite ironic in addition to being ridiculous and shameful. The staff may not be the ...
27th August 2008
The Financial Services Authority has been slowly ramping up its operations to target mortgage fraud in the UK by gathering enough evidence to successfully prosecute perpetrators. High on the list is fraud involving adverse credit mortgage products. This t...
27th August 2008
Approvals for home loans in the UK have hit the lowest level ever recorded for a single month. The blame has been set squarely on the credit crunch as lenders are not only finding it difficult to obtain the funds to lend to home owners but they seem unwil...
21st May 2008
If you’re a homeowner, you’ll know only too well the cost of owning a house. With ongoing maintenance costs, council tax and more, often being a homeowner is at the expense of things like holidays and new cars. However, this needn’t be the case, wit...
21st May 2008
The Treasury has recently warned financial services firms to tighten their belts with regards to gaps in their services which could lead to money laundering activities by their clients. In particular the Government is targeting self-certification mortgage...
