Following on from last week’s column regarding scorecards I will attempt to debunk the differences between a lenders’ lending policy and scorecards. Lending Policies outline what type of lending the organisation will accept and takes into consideration things like, LTVs, income types, ...

Some would have you believe that lenders who use scorecards are somehow making life difficult for mortgage brokers by inferring that scorecards decline good borrowers that would have otherwise been accepted.  Whilst this may be a convenient marketing story it is not the case.  I have worked for ...

It’s a bumper season for the banks once more with several of the UK banks reporting not only that they are back in the black but things are looking positively rosy. No doubt the politicians will start the whole bonus saga all over again and how these reckless bankers should punished for their ...

It was good to see Halifax launch their new intermediary online system recently, as the number of lenders investing capital in new systems is few and far between. In difficult economic times the natural tendency is to conserve as much money as possible and along with the marketing budget, the IT ...