James Miles's Media Coverage
Mortgage Solutions
Specialist sector will ‘spread its wings’ in 2024, brokers say - Mortgage SolutionsBrokers say 2024 will be a big year for specialist lending but the historical association with sub-prime products needs to be addressed.
Mortgage Solutions
Brokers’ Christmas wishes – an election, affordability help, and a cure for goutAn early election and more support on affordability are among brokers’ Christmas wishes, from a hopefully obliging Santa.
Mortgage Introducer
How I became a brokerUpon graduating from college, James Miles (pictured) wrote to over 30 different banks with a deep desire to work in the financial sector, seeking both financial stability and a lifelong career.
Mortgage Professional
Barclays reduces rates by up to 30bpsCould this trigger another wave of rate reductions?
Mortgage Solutions
Lenders ‘fighting for market position’ as Barclays cuts mortgage rates - Mortgage SolutionsBarclays has announced it will be reducing rates across its mortgages for new and existing borrowers.
FTAdviser
Buy-to-let arrangement fees ‘border on profiteering’Buy-to-let arrangement fees “border on profiteering” and are causing “extreme financial distress” to landlords, according to one broker.
The Intermediary
Landlords accuse lenders of ‘daylight robbery’ on buy-to-let arrangement feesOne landlord has described the fees as daylight robbery, while another said the fees “border on profiteering, as they are causing extreme financial distress to landlords.”
Mortgage Solutions
New Help to Buy ‘should be more targeted and expand beyond new build’ ‒ analysis - Mortgage SolutionsA new Help to Buy scheme should include the existing housing stock and be more targeted at helping the most in-need first-time buyers, brokers have argued.
Mortgage Solutions
Accountants ‘worth the money’ for self-employed brokersBrokers have emphasised the importance of getting a tax return completed as early as possible, and argued that quality accountants are worth the expense.
Financial Reporter
What are the options for borrowers remortgaging in negative equity?Brokers discuss the impact of a reduction in house prices moving into 2023.
Mortgage Strategy
News Analysis: What follows Help to Buy?The UK government’s Help to Buy (HTB) scheme is ending after nine years and there is currently no planned replacement. Between 1 April 2013 and 31 March this year, 361,075 properties were bought with an...
Mortgage Solutions
Brokers battle to beat the scourge of conditional selling ‒ analysisBrokers have been urged to educate clients on the pressure tactics they are likely to experience from estate agents, pushing them to use the agent’s own mortgage adviser, in order to combat conditional...
The Intermediary
House prices register first monthly decline since July 2021 - NationwideOn an annual basis house prices are still up 7.2%, albeit down from 9.5% registered in September.
The Telegraph
Relief for homeowners as interest rates ‘will peak below 5pc’Up to 40pc of all mortgages will expire in next 12 months
The Intermediary
Brokers hit back at Martin Lewis’s latest “irresponsible” mortgage advice“Get that fella off the TV and let’s see his CeMap papers. Since when has sound financial advice been given on speculation” said one broker.
This Is Money
Average two-year fixed rate passes 6% as mortgages continue to riseThe rises continue the fallout from the chancellor’s mini-Budget. Since then, the average two-year fixed rate has risen 1.33% in just 13 days.
Financial Reporter
Brokers react to prospect of an emergency rate rise this weekThe odds of the MPC hiking rates again in an emergency meeting this week have shortened after Sterling’s all-time low against the Dollar.
IFA Magazine
Land Registry HPI: “Curiously, activity may even ramp up again now that everyone knows what’s happening with their utility...Andrew Montlake, managing director of the UK-wide mortgage broker, Coreco: “The July data has been skewed by the Stamp Duty holiday so needs to be taken with
Mortgage Solutions
Lenders pulling products to deal with ‘shocking’ service levels, brokers suggestThe reduction in the number of mortgage products available at the moment may be motivated by a desire to reduce application levels so that they can cope with backlogs and improve service levels, brokers...
IFA Magazine
Brokers urge Help to Buy borrowers to “get their skates on” as deadlines approachBrokers have urged anyone seeking to make use of the Help to Buy scheme to “get their skates on, pronto”, ahead of the forthcoming deadlines. They have al
Estate Agent Today
Should the BoE hike up interest rates this week? Experts give their viewAhead of the Bank of England’s rate decision this week, a selection of IFAs, brokers and estate agents outline whether they think rates should be increased and why.
Estate Agent Today
Should the BoE hike up interest rates this week? Experts give their viewAhead of the Bank of England’s rate decision this week, a selection of IFAs, brokers and estate agents outline whether they think rates should be increased and why.
Daily Mail
Bank of England scraps mortgage affordability test for borrowersThe test, introduced post-financial crisis, required borrowers to prove they could still afford their mortgage if interest went 3% above the standard variable rate.
Financial Reporter
Should the Bank of England continue to raise interest rates? - brokers reactAhead of the Bank of England’s rate decision this week, Newspage asked a selection of IFAs, brokers and estate agents whether they think rates should be increased and why.
IFA Magazine
Should the Bank of England raise rates this week? Reaction from IFAs, brokers and estate agentsAhead of the Bank of England’s rate decision this week, a selection of IFAs, brokers and estate agents gave their view on whether they think rates should be
IFA Magazine
Land Registry HPI - “More mad house price growth in May” - reaction from agents and brokersFollowing the Land Registry house price data published this morning agents and brokers have commented: Wesley Davidson, founder of broker Fox Davidson: “Th
inews.co.uk
House prices jumped by more in a year than the average UK worker earns annuallyThe rise in prices surpassed the level of the average annual UK salary based on the latest data, although some commentators expect interest rate rises to start to cool pace of growth.
Mortgage Strategy
Inflation rises to 9.4% in June: ONSInflation in the UK reached 9.4% in June, setting a fresh 40-year record high, according to the Office for National Statistics (ONS). The latest figure is driven by a 42.3% rise in the price of motor fuels...