View more on these topics

Stuart Gregory: Time to take back control

Putting future plans in the hands of politicians’ decisions is never a good thing.


I do not buy this idea of the property market stalling because of the election. The big vote winner put forward by the Coalition in the form of stamp duty reform has already been played, with enough time for savvy property owners to make plans for the spring.

What I hope has happened is that the public has learned from this Coalition that life is for living and putting your future plans in the hands of decisions made by Cameron, Miliband or Clegg is never a good thing.

This year property owners and mortgage borrowers must take control of their own situation. We have got the lowest fixed rates in living memory and yet the remortgage market lies idle.

What can be done to address this apathy? Communication as always is key.  Borrowers need to be made aware achieving a mortgage is not always the big unsurmountable problem it is painted to be.

The biggest issue, however, remains transitional arrangements for existing borrowers. Lenders need to show some loyalty to those borrowers they happily lent funds to in previous years.

I am not advocating a return to the level of lending seen prior to the credit crunch, merely a return to common sense lending.

Imagine how the market would improve if a few lenders decided to take an applicant’s existing rental payments in consideration when deciding whether to offer them a mortgage? What better way could there be to prove affordability?  Step up lenders; it is your time.

Stuart Gregory is managing director of Lentune Mortgage Consultancy



L&G pensions director Adrian Boulding exits

Legal & General pensions strategy director Adrian Boulding is to leave the insurer in August as the exodus of senior pensions staff continues. Boulding’s departure is the latest high profile exit from L&G’s pensions business in the last few months. Earlier this month, Money Marketing revealed head of strategy for individual annuities Tim Gosden had left and […]

Pension wise logo

ABI sets out ‘nudge’ tactics for pensions guidance

The Government’s guidance service wil have to tackle savers underestimating life expectancy and should introduce “cooling off” periods if savers try to take too much of their pension pot at once, according to the Association of British Insurers. A report published today, carried out by consultancy ideas42 on behalf of the ABI, applies behavioural economics […]

Jail banker

Former Logica manager pleads guilty to insider dealing

The former group reporting and financial planning manager of IT firm Logica has admitted three instances of insider dealing in a case brought by the FCA. Ryan Willmott, who first appeared in court two weeks ago, will now be sentenced on 26 March. Willmott admitted dealing after receiving information ahead of the takeover of Logica […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm