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Former Beacon director joins TFC

Brian Pitt has joined TFC to help it prepare for the next stage of its development in the distribution market. He was formerly a director at Beacon Homeloans and a consultant at Kensington Mortgages.


MT launches Payam’s Prizes

The Mortgage Times Group has launched a monthly prize initiative called Payam’s Prizes.The prize giveaway will see one intermediary member each month win a fabulous prize when submitting an application to the special guest lender.For June, The Mortgage Times Group has teamed up with DB Mortgages to offer its members to win a weekend break […]

A&L launches mortgage range

Alliance & Leicester has unveiled its latest range of prime, self-cert, near prime and buy-to-let mortgage deals.The range includes a self-cert two-year fixed rate from 5.69%, with maximum LTV 85%, an arrangement fee of £1,999 and an early repayment charge of 6% until August 31 2009. The near prime range includes a two-year fixed rate […]

Woolwich aims to exploit prime niches

Woolwich is making a marked effort to rejuvenate its position in the lending market and its strategy is showing signs of success.

AVMs in 25% of sales by 2011

The Council of Mortgage Lenders predicts that automated valuation models will be used for a quarter of house sales by 2011.The CML forecasts that the use of AVMs will grow sharply in the next four years as lenders utilise the technique for higher LTV deals as an alternative to physical inspections.It estimates that by 2011, […]


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