HSBC may tighten mortgage lending criteria
HSBC may introduce stricter affordability tests for mortgage products due to the effects of inflation which, experts say, may reduce the amount that its customers can afford to pay. The bank is reportedly reviewing its current mortgage lending criteria amid concerns that the rising cost of living and rocketing house prices are putting an additional […]
New service launches to help older leaseholders obtain lease extensions
Lifetime Mortgage Gateway (LMG) launches a first-of-its-kind service to help older homeowners trapped with short leases obtain lease extensions using equity release and access cash. Lifetime Mortgage Gateway (LMG), a new service facilitating lease extensions for large numbers of older homeowners trapped with short leases, has been launched by LMG Logistics (LMGL). Older homeowners with […]
Book Review: The Conveyancing Handbook (28th Edition)
After practising in property law for more years than I care to remember, I have often had reason to reach for the Conveyancing Handbook, and not just to find something heavy enough to prop the door open with. Got a transaction between connected parties? Look it up in the index and find out. Want to […]