Ten of the biggest fraud and money laundering scandals from the …
WEBJan 13, 2020 · Money laundering and fraud cost UK businesses, citizens and the government more than £100 billion a year, according to the National Crime Agency.The effects can have a devastating impact on ordinary …
Mortgage Finance Gazette
WEBEstablished in 1869 as the Building Societies Gazette, Mortgage Finance Gazette has been the market leading publication for the mortgage lending industry for 150 years.
NatWest and Halifax latest lenders to raise residential mortgage …
WEBFeb 8, 2024 · NatWest will raise fixed-rate prices across new business and existing customer product ranges by up to 15 basis points, while Halifax also announced it will lift residential loan offers tomorrow (9 February). The move comes after TSB, Accord Mortgages and Precise Mortgages were among a raft of lenders who said they would …
Floods bring climate of change for mortgage lending
WEBApr 19, 2021 · Under the Flood Re scheme, a property at significant risk to flood may be able to obtain insurance but might still be at risk to potential devaluation or higher chance of mortgage default from the perspective of a mortgage provider. Similarly, the Flood Re scheme is due to end in 2039, so mortgage providers must consider how insurability may ...
Lending news Archives - Mortgage Finance Gazette
WEBPrime London rents rising at slowest rate since 2021. 9th September 2024 Leave a comment. Rents rose by 2.1% in prime central London over the year to August, the latest index from Knight Frank shows. In prime outer London, annual rental price growth was 2.2%, the estate agent found. Both figures are the lowest figure since the summer of 2021.
Leasehold issues for lenders: Forfeiture and disclaimer of leases
WEBMar 15, 2018 · The overall growth in leasehold ownership is resulting in lenders increasingly finding themselves having to grapple with issues affecting their leasehold securities – both in connection with shared ownership and conventional long leasehold properties. Risk of forfeiture Where a borrower defaults on monies due under the lease (usually service ...
OneSavings Bank and Charter Court merger completes
WEBOct 7, 2019 · Today sees the completion of the combination between OneSavings Bank plc and Charter Court Financial Services Group plc. The combined group says it will use its greater scale and resources to offer an enhanced proposition to customers, brokers and distribution partners. The group brands are Precise Mortgages, Kent Reliance for …
The MMC revolution is getting underway - Mortgage Finance …
WEBMay 20, 2021 · A recent report by Farmer recommended the government should set a target of 75,000 modular homes by 2030. The report says modular housing is ‘the biggest single gamechanger’ when it comes to adding to the country’s housing supply. The government is also putting strong financial commitment behind MMC. To date more than …
Secret commissions: Court ruling provides clarity for lenders and ...
WEBApr 6, 2021 · The Court of Appeal also upheld that, the commissions paid by the lender to the broker were fully secret commissions on the basis that a general term in the Broker’s terms of business stating that commission may be received was not sufficient to negate secrecy. The Judgment also confirmed that if the bribe or secret commission is a “half ...
Diversity and inclusion in the workplace - Mortgage Finance Gazette
WEBFeb 7, 2020 · The report explains diversity in the workplace as being “the range of human differences within a company including but not limited to race, ethnicity, gender, identity, sexual orientation, age and social class.”. It goes on to explain that inclusion is “the act of making a person part of a group, when each member is afforded the same ...
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