Lenders are currently grabbing “the lowest hanging fruit” in terms of lending on homes that already have EPCs rated C or above, but the main focus going forward should be around getting existing stock up to par and how flexible financing can be provided to do that, according to OnLadder co-founder Cameron Orcutt.
The Bank of England (BoE) could hike interest rates to 3% or 4% by the end of this year, some have predicted. Speaking on BBC Radio 4, former MPC member Andrew Sentance says the BoE is falling behind and it might need to hike rates between 3% and 4% by the end of the year. Regarding how likely it is that the base
At the end of this month the Financial Conduct Authority (FCA) is due to publish details of its new consumer duty rules, with final compliance expected by 30 April 2023. This follows a consultation that ended in March this year. The regulator proposed that, in order to raise the standard of consumer protection, firms
Since the pandemic the mortgage industry, alongside many others, has moved to a hybrid model of working. Although this model has introduced innovative ways of working, it has also raised challenges. One such challenge for brokers is the inconsistency in underwriting across lenders within the market. It has been
Mortgage networks are evolving to ensure they meet the needs of a changing mortgage landscape. The adaptations reflect new regulations and rising compliance costs but are also in response to the rapid shift towards digital delivery services. The number of networks has remained fairly static in recent years, with