Alain Desmier (pictured) is founder of Contact State, an AI powered technology platform that helps financial services businesses detect and combat data fraud. Lets face it, GDPR has felt like a damp squib. The mortgage industry, intermediaries, banks and financial marketeers, spent millions of pounds preparing for the worst and then for almost a year, [...]
Almost half of Muslim consumers have never used Shariah-compliant products, research from shariah-compliant bank Gatehouse has revealed. In what should be a wake-up call to the UK Islamic banking industry the Home Purchase Plan provider found that 46% of Muslim consumers said they have never used Shariah-compliant products. The figure, which rises to 53% among [...]
Technology provider Twenty7Tec has partnered with wealth management group St James’s Place to make MortgageSource the group’s chosen sourcing solution. MortgageSource is being integrated into St James’s Place’s business submission system, while the pair have signed a ‘multi-year agreement’. James Tucker, chief executive of Twenty7Tec, said: “To be selected by such a prestigious organisation as [...]
The proportion of homes let by company landlords have risen steadily since the removal of mortgage interest tax relief for non-company landlords was announced in 2016, Hamptons International has found. It estimated that company landlords own 641,480 homes in Great Britain this year. This is 42% more than in 2015, when 452,600 homes were let by company landlords. Aneisha Beveridge, [...]
Young people aged 18 to 24 years that are in relationships believe that buying a property or renting a place as a couple is a bigger statement of loyalty than marriage, property buyer Good Move has found. When asked to rank a series of traditional milestones on their required commitment, marriage came a lowly fourth [...]
Accord Mortgages has today launched a 7-year fixed rate mortgage and reduced rates on selected 5-year and 10-year fixes. The 7-year fix is at 75% loan-to-value (LTV) at 2.34%, available for purchases and remortgages. It comes with a £495 fee. Jemma Anderson, product manager at Accord Mortgages, said: “With continued economic uncertainty we know from [...]
FIBA, the trade body for finance professionals, has launched a ‘FIBA TV’ with a series of interviews with key lenders, which can be found on its website. The first three lender interviews will feature an opening video of executive chairman, Adam Tyler (pictured), talking about FIBA, its ethos and plans for the future. The first lenders to take part [...]
Bradford’s BD1 is the best university investment in the country for buy-to-let, lettings platform Howsy has found. Covering Bradford city centre, it is just a short walk from the University of Bradford. And with the average house price in the area costing £54,938 and an average monthly rent of £468, buy-to-let landlords can secure yields [...]
Paymentshield chief executive Rob Evans (pictured) wants the firm to take a leading role in bringing general insurance to mortgage networks after working with proptech lettings firms. Paymentshield, which has a panel of general insurance providers, has already linked up with proptech firms like Tenant Shop, Goodlord and Urban Jungle to provide both tenants contents [...]
Estate agents in Preston are seeing a significant spike in buyer demand, property portal Zoopla has found. Zoopla delivered 59% more sales leads to its Preston-based clients over the last 12 months, which Zoopla argues is thanks to the amount of affordable property in the region. Emma Roberts, managing director of Roberts & Co, an estate agency [...]