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Trustguard to focus on sales

Trustguard has overhauled its mortgage department to focus on sales. The move has seen its mortgage processing split between two departments. A new business arm will focus on enquiries and placing cases while its underwriting arm will look to ensure that applications complete. Following the rejig, brokers will have access to a dedicated new business adviser and an underwriter.

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Scot Wids closes telephone support service

Scottish Widows Bank closed its telephone support service from 5pm yesterday evening until March 17 in order to catch up on unprecedented volumes of mortgage applications.Scottish Widows says every effort is being made to process applications as quickly as possible whilst maintaining underwriting quality.The progress of each individual mortgage application will be given as soon […]

BUDGET 2008: Chancellor increases booze tax

The chancellor has pledged to increase taxes on alcohol by 2% above inflation for the next four years. Tax on beer will increase 4p a pint while 14p will be added to a bottle of wine and 55p to bottles of spirit.

Mortgage Times appoints Mayfair Bridging to panel

Mortgage Times has added Mayfair Bridging to its bridging finance panel.Mayfair Bridging is the sixth lender to join the panel.The Preston-based company launched on February 1 2008 and offers rates starting from 0.5% with no minimum term.Richard Stokes,director of product and lender development at Mortgage Times, says: “We pride ourself on offering choice for our […]

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