In brief

Mortgage Brain roadshows ‘a huge success’

Mortgage Brain has revealed its Premier Events roadshows, held in association with Mortgage Introducer, have been a huge success, with over 1,200 brokers attending the events.

Held at 10 famous football venues across the country, the roadshows included a variety of debates, which

included; mortgage sourcing, electronic trading, adverse lending and compliance.

Mark Lofthouse, CEO of Mortgage Brain, said: “The roadshows proved hugely popular and provided the perfect opportunity for everyone in the industry to get up to speed with the latest technology to support product sourcing, compliance and electronic trading. We’re looking forward to building on their success when we organise the fourth annual series of Premier Events next year.”

Landlord Mortgages reveals rental lull

Rental yields have fallen to a four-year low in England and London, according to figures released by Landlord Mortgages.

Quarter two 2006 figures revealed rental yields fell to 5.69 per cent in England and 5.70 per cent in London.

Landlord Mortgages attributed this fall to landlords keeping rents stable to retain reliable long-term tenants while house prices have continued to rise.

Another contributing factor was the significant increase in the level of remortgaged business.