The independent mortgage broker industry in Australia is still young and should prosper again after the credit crunch The industry is yet to fall under a national regulatory body in order to give it credibility, however this is planned

Future millionaires were abandoned by the thousand by both mortgage lenders and the property courses that had previously filled their heads full of dreams While buy-to-let mortgage products were disappearing from the lenders’ best buy tables the various courses and companies operated by the so-called property gurus were disappearing from the property investment game

Unemployment is certainly a statistic that prudent mortgage brokers should keep an eye on during the coming year and beyond Recent dramatic decreases in the Bank of England Base Rate will hopefully provide some sort of relief for businesses that are heavily financed and could have a knock-on affect of reducing the need for them to lose staff in order to survive

Rewind a couple of years and the media was awash with stories of property investment successes and buy-to-let miracles Mum and Dad investors throughout the country, and indeed the world, were becoming millionaires with the help of unprecedented capital gains on their often small property portfolios

Self-certification mortgages have endured a rollercoaster ride over the last few years It seems only yesterday they were hailed as an innovative product and a Godsend to millions of self-employed workers who failed to reach the requirements of standard home loan products

What a great life it would be if we could predict future interest rates Imagine being able to wait it out on your remortgage until such a time as interest rates dropped by several percentage points, just as you knew it would

Recent news has emerged regarding the staff of a well known lender finding themselves in a position in which they cannot refinance their own homes Such a circumstance is quite ironic in addition to being ridiculous and shameful

Equity has long been the golden egg of the property investing world Build up enough equity in your property portfolio and you will never need to work again

Self-certification mortgages have not enjoyed a good reputation in the property market in recent years Several years ago evidence emerged that some applicants were exaggerating their incomes in order to achieve bigger loans

There are signs in the financial markets that it may soon become more difficult to obtain adverse credit mortgages For several years now lenders have been issuing adverse credit mortgages to people with low documentation and adverse credit histories almost at will