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Pru lifetime deal from next week

Prudential has confirmed its lifetime mortgage product will be open for business from October 17. It has also launched an online calculator to help advisers calculate the savings using its flexible product.

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Rooftop Direct teams up with Burns Anderson and Mortgage Broking Services

Specialist lender Rooftop Mortgages has been appointed to the lending panels of Burns Anderson and Mortgage Broking Services through its Rooftop Direct arm. Rooftop Direct is specifically targeted at those network members who prefer to submit direct to the lender. The first such arrangement with Sesame came into effect on September 1.Jonathan Naylor, managing director […]

Trigold upgrades application forms

Over 100 full mortgage and AIP application forms on Trigold have been upgraded to next generation forms using Focus Business Solutions XML toolkit, goal:technology. All lenders and packagers can now have the benefit of increased customer usability, reduced administration costs and faster transactions, as all mandatory fields are captured prior to submission. In addition, the […]

Departures pose serious questions for HBOS

The dramatic, though expected, departure of Michael Bolton from HBOS has sent the specialist lending market into a spin. Bolton quit the organisation last week to join The Oakwood Group, a London-based private equity firm fronted by Future Mortgages founder Mike Culhane, immediately taking with him four other key players – Alan Cleary, director of […]

Market Watch

It was a pretty quiet week for rate changes but we did see the best rates of the year being launched. One-year money is down 0.02% at 4.54% Two-year money is down 0.03% at 4.49% Three-year money is down 0.01% at 4.52% Five-year money is up 0.02% at 4.56% While I was impressed to receive […]

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