Exact Passes 5 Billion on Mortgage Due Diligence Service



Exact, the third party mortgage service provider has just completed its latest due diligence exercise on a large pool of mortgages that takes the total to over £5billion in the last two years. Alan Cleary MD of Exact says “Whilst the last two years have been exceptionally challenging the need ...

Tories are the best bet for our industry



With the election campaigns in full swing it feels like a good time to air my views about which party is likely to serve the mortgage market the best. I have Labour comfortably in third place as there is no logic that can convince me that the party will do anything different in the future than ...

New lenders won’t solve our problems



There appears to be a lot of column inches dedicated to new banks at the moment, which to an extent I understand.  But from the perspective of the mortgage market new banks aren’t really big news; the fact that new banks will initially fight for retail deposits means that no new money is ...

Low mortgage rates are temporary blip



What would the average person on the street or indeed the average mortgage professional guess was the average BBR rate over the last 35 years?  My guess would have been around 5% and I would bet that many borrowers may indeed guess even lower than that.  The average BBR 1975-2010 was in fact ...


Intermediary Mortgage Lenders Association Association of Mortgage Internmediaries Financial Services Authority