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TMW signs up to Trigold’s ENC module

The Mortgage Works has signed up to Trigold’s Enhanced Non-Conforming sourcing module.

ENC lenders represent 95% of the sub-prime market and the system presents its products to all 24,000 Trigold users and 80 white labelled versions of the software.

Paul Howard, director of intermediary sales at The Mortgage Works, says: “We have put great effort into delivering a highly competitive range of sub-prime products and we are confident ENC will help us promote them to brokers.

“They offer great value for money and are only available via the top packaging companies with whom we work.”

Bill Safran, chief executive of Trigold, says: “The Mortgage Works has a good reputation and brings strong offerings to the sub-prime market, so we are delighted to have these products listed and verified on ENC to enable Trigold users to make accurate and precise product comparisons.

“We’re looking forward to working with The Mortgage Works to bring even more of its proposition to our users.”

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Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.

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