25th
November
LMS win Best Anti-Fraud Service at the Mortgage Finance Gazette Awards!
We’re pleased to announce that we won the Mortgage Finance Gazette Award for Best Anti-Fraud Service on Wednesday! Read More
24th
September
Remortgage market remains steady with consumer outlook optimistic, LMS Remortgage Healthcheck Index reveals
LMS has today launched its ‘Remortgage Healthcheck’ Index, produced in partnership with the Centre of Economics and Business Research (CEBR). Read More
9th
September
Mortgage deposit fraud is on the rise, but what can law firms do to stop it?
Mortgage deposit fraud is a serious and growing problem in the conveyancing industry, and is part of the wider rise of ‘push payment’ frauds which saw over £350m stolen in 2018 alone. Read More
24th
October
More customers using brokers to secure remortgage deals
85% of borrowers expect interest rates will rise compared to 45% in August 2017 88% of borrowers consult a broker when remortgaging, up from 75% in July 2018 91% of borrowers felt brokers offer good value – compared to just 86% in July Average remortgage loan amount breaks last month’s… Read More
26th
July
Increase in Break-Up Borrowing
Proportion of borrowers remortgaging due to separation or divorce rises to 5% of market in May – up from 2% Remortgaging to pay off debts also rises from 13% of the market in April to 16% in May Demand for five-year fixed rate remortgages increases year-on-year to hit 42% of… Read More
12th
June
HM Land Registry to launch Local Land Charges service
Throughout the summer of 2018, HMLR will be launching their digital Local Land Charges service for the following local authorities (this list may be subject to change): Blackpool Council; Blackburn with Darwen Borough Council; City of London Corporation; Liverpool City Council; London Borough of Lambeth; Norwich City Council; Peterborough City… Read More
6th
June
Resurgence in five-year fixed rate deals
Demand for five-year fixed rate remortgages jumps up 47% – representing half the market Five-year deals up 11 percentage points from March (as a proportion of the whole market) Expectations for an increase in the base rate this year fall to lowest level in seven months Average remortgage loan amount… Read More
19th
February
Remortgage market surges in new interest rate environment
Number of remortgage deals increase 41% - from 28,400 in December 2016 to 39,943 in December 2017 Read More
26th
January
Demand for two-year fixed rate deals rises – First look at the new interest rate environment
Two-year fixed rate deals bounce back – accounting for 23% of all remortgages Demand for five-year fixed rate deals reduces from 50% to 43% Interest rate rise impacts borrower behaviours as they seek to lower monthly bills Demand for two-year fixed deals rose for the first time in four… Read More
18th
January
The Mortgage Lender partners with LMS to unveil new legal panel
In response to demand for access to a wider network of conveyancing firms The Mortgage Lender (TML) has partnered with LMS and will be using its Panel Link® from 22nd January 2018. Read More