Christine Dawson

Tenet signs five-year contract with Intelliflo

National network Tenet Group has signed an initial five-year contract with back office provider Intelliflo for the provision of Intelligent Office. The Intelligent Office back office system is introduced eight years after the network developed Tenet Advantage, a front end and back office system, with Focus Solutions. It was classed at the time as a […]

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FCA fines Santander £32.8m for probate and bereavement failings

The FCA has fined Santander UK £32.8m for failings in its “flawed” probate and bereavement processes. Over three years between 2013 and 2016 more than 40,400 customers were affected by the failings, where a total of more than £183m of funds were not transferred to beneficiaries when they should have been, the FCA says. According to a notice from the […]

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Virgin Money scraps guarantor mortgage

Virgin Money has stopped offering its guarantor mortgage range citing a lack of demand for the product, Mortgage Strategy can reveal. Until today, 24 October, Virgin Money offered clients a mortgage in which a family member guarantees they will cover repayments for a first-time buyer if the buyer should become unable to do so. A […]

Crystal appoints head of second charge lending

Packager Crystal Specialist Finance has hired Frances Winstanley (pictured) as head of second charge lending. The Midlands-based firm says it has seen an increase in activity for second charge lending over the last year and Winstanley will be developing and growing the second charge lending division. Winstanley joins from A-Plan Insurance where she was senior […]

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Mojo shares details of upcoming partner platform

Online broker Mojo Mortgages has shared details of the partner platform it is soon to be launching, saying it will enable third-parties to give customers a personal mortgage recommendation in 15 minutes. The free platform will allow brokers to use Mojo’s Mortgage Matcher and is aimed at challenger banks, online estate agents and comparison websites. […]

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Tax reform more concern to brokers than Brexit

Brokers view tax legislation reform for property investors as having more of an impact on the bridging market than Brexit, according to a survey by InterBay Commercial, part of specialist lending group OneSavings Bank. Over half, 52 per cent, said reform to tax legislation for property investors would boost the bridging market. Whereas only 27 […]

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Bluestone Mortgages extends Help to Buy range to Wales

Bluestone Mortgages has extended its new Help to Buy range in Wales. The range, launched last month, previously only covered England and London. Bluestone has also extended the maximum term of the product to 35 years. The Help to Buy range is available across all Bluestone’s credit tiers, offered up to 75 per cent LTV […]