Last week I was looking at the Financial Services Authority’s statistics on the market share of mortgages done by intermediaries versus those done by direct lenders. We are all aware that things have been tough for the past few years but there has been a quantum shift that doesn’t make good ...

I am sure readers must have seen HSBC’s statement recently about how 81% of the best mortgage deals have been done direct over the last year, but what the statement lacked was any balance so it was more akin to an advertisement. First, it sought to discount an intermediary deal that appeared ...

There has been a fair bit of comment about manual underwriting versus credit scoring and I have given my fair share of input over the years. But I thought I would reignite the debate as we are about to make a change to our near-prime process that will help brokers. I have had a lot of feedback ...