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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 in Prague.

The package for two includes a weekend in a double room in a four star hotel in the heart of the city. The winner will be announced at the end of June.

Payam Azadi, head of marketing at The Mortgage Times Group, says: “Payam’s Prizes is another way to reward our intermediaries when submitting applications, and a great way to introduce our various lender partners’ products and services to a wider market.

“Fantastic prizes are available in association with our lender of the month, and we are sure that our members will enjoy the initiative a great deal.”


DCLG offers £100 incentive for early HIP purchase

The first 5,000 home owners to commission a Home Information Pack before August 1 will receive £100 plus VAT off the cost of an Energy Performance Certificate.Yesterday, the Department for Communities and Local Government confirmed its intentions to roll out HIPs to all homes once enough home inspectors have been trained.It also promised the £100 […]

NR ups rates by up to 0.2% across range

Northern Rock has increased its rates across its entire residential and buy-to-let range by up to 0.2% in response to rising swap rates.The changes will take effect from Wednesday June 20 2007 and the current range remains available until midnight on Tuesday 19.Flexible fixed rates will be available from 5.59%, with a £1,995 product fee.There […]

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?

Leave sub-prime deals to the experts

Clive Briault, managing director of retail markets at the Financial Services Authority, re-cently gave a speech at the Building Societies Association that struck a chord with me.


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