View more on these topics

Remortgaging will boost lending in 2004 – Mortgage Advice Bureau

The Mortgage Advice Bureau is predicting a significant increase in remortgage business in 2004. It says homebuyers will be keen to take out fixed rates as they will see them as more secure after the recent base rate rise.

Chief executive Peter Brodnicki says: “People are scared that rates will rise further and concerned about managing the repayments on both mortgage borrowings and other debts. They are increasingly wise to the benefits of remortgaging and since the last base rate rrise, we have seen a marked upturn in enquiries about fixed rates. We expect this to continue over the next year especially if base rates rise again, as we expect.”


Kevin Duffy on mortgages

England&#39s epic achievements in Sydney triggered a morass of media features all striving to expose newsworthy sub-plots. My own keepsake was the revelation that England coach Clive Woodward had twice remortgaged his home along the path to personal financial security. Woodward is a man of convictions. So much so that his services are now courted […]

Correspondent&#39s week

Christmas is all around at Canary Wharf, home of the Daily Mirror, as artificial trees have been put everywhere over the weekend and the central atrium is festooned with strange pine cone and glitterball arrangements. It is terribly festive unless you are at the FSA, which has not yet joined in although I am sure […]

Protection IFAs voice fears over CI developments

Leading protection IFAs met with reinsurer Munich Re last week to discuss the future of critical-illness cover and the need for co-ordination in developing new products. Life Policies Direct director Jason King and Lifesearch senior technical adviser Kevin Carr met with Munich Re&#39s head of marketing Will Adler to share ideas on where the product […]

Online quotes could save IFAs £71m a year

The IFA sector could save £71m a year by using technology to provide policy valuations for existing clients, according to figures from the Financial Technology Research Centre. The research analyses how much more expensive it is for an IFA to provide a quote for their client by phoning and researching it through provider sites compared […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment