Property prices across the nation fell 1.5% in November and are expected to continue their retreat into next year as foreign demand and salary growth wanes
Recent changes to investor lending is failing to have a significant impact on home loan demand, new data has revealed
A major bank has flagged 40 postcodes at a higher risk of default on personal or business loans for stricter credit policies
Recent developments in the banking sector have suggested that even stricter rules than the Basel 3 Framework may need to be applied – dubbed Basel 4. Martin North, principal of Digital Finance Analytics, explains the implications it will have on banks and brokers.
A major bank that announced an overhaul to its commission structure has said it did so to reward broker loyalty
An industry leader has praised the recent move by banks to increase broker commissions, but says that banks need to stop branch managers from taking business away from brokers if they really want to support the third party channel