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Edeus launches fixed rate range

Edeus has launched a range of two-year fixed rate products available across its sub-prime, self-cert, and income buy-to-let ranges.

Rates start from 6.39% on the self-cert range, 6.49% on the sub-prime range and 6.79% on the income buy-to-let range.

Versions are available up to 90% LTV and all products carry an arrangement fee of £799. Early repayment charges are 6% in the first year 5% in the second year.

Alan Cleary, managing director of edeus, says: “We expect a high demand for our new rates. In addition to our existing tracker range, they will provide brokers with maximum choice.

“The fact that none of the products carries a higher lending charge makes them very competitive and I’m confident that they will suit every type of borrower.”


Click appoint NASA boffin as web chief

Click has appointed ex-NASA researcher Trevor Tsang as its web development manager.Click’s new website will include features such as a new B2B interface, more comprehensive customer information and an integral analytic package. Click is anticipating a roll out this summer. Tsang joined Click in late May from his position as co-founder of eGov Monitor. After […]

Commercial First system to offer online DIPs

Commercial First has unveiled a system that allows brokers to calculate affordability, get quotes, track cases and get decisions in principle online.The cfirst system requires brokers to answer nine questions to select the right product for them. The term and repayment options can be varied to get different quotes.The system then produces Key Facts Illustrations […]

Commercial First appoints sales manager

Commercial First has appointed Tom Clark as regional sales manager for its South Central region. Reporting to Mark Johnson, head of sales at Commercial First, Clark joins the lender from Northern Rock where he was a commercial finance manager for three years. Prior to that, Clark was a local business banking manager at Barclays for […]

Do you trust your bank when it comes to monitoring your finances?

Two weeks ago, lenders came under fire after Labour MP Jim Cousins accused them of making too many errors with borrowers’ repayments. Auditing firm BankCheck scrutinised 30 mortgage accounts and found they all contained mistakes in the bank or building society’s favour.

So this week Mortgage Strategy asks: Do you trust your bank when it comes to monitoring your finances?

A question of service

Roy Armitage, head of credit, LendInvest Selling a loan is the part of a lender’s workload most visible to brokers and borrowers. Just as crucial – but less frequently observed – is how that lender services that loan. A commitment to quality servicing is one that’s front and centre for us at LendInvest and it’s […]


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