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Advance Home Loans launches S500 product range

Advance Home Loans, the branded lending arm of mortgage packager AdvantageMortgage Services, has launched its S500 product range funded by Southern Pacific Mortgage Limited.

Advance already offers exclusive product ranges funded by Platform, GMAC-RFC, Mortgages PLC, First National and now SPML. Advantage believes that the Advance Home Loans product range will offer its brokers the best competitive products in the industry.

Due to the success of the Advance Home Loans F400 product range funded by First National, Advance has issued a limited funds warning across the entire F400 range. Advantage is advising all brokers who wish to take advantage of the products to apply now to avoid disappointment.

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Infinity launches &#39three for free&#39 campaign

Infinity Mortgages has launched a &#39three for free&#39 marketing campaign to help brokers capitalise on the busy spring mortgage period. The campaign, which runs up to May 31 2004, enables brokers to submit up to three mortgage applications on which application fees will not be charged. The campaign works on an escalating basis: the first […]

Preferred adds extra 0.25% discount to larger loans

Preferred Mortgages has added an extra discount of 0.25% on all loans over £200,000. The extra discount means the total discount is now from 1.75%. The limited offer is available on all core range products until July 1 2005. John Webster, business development director at Preferred, says: “With house prices continuing to increase, larger loans […]

HSBC to pilot Islamic deals scheme with intermediaries

HSBC is to pilot a scheme that will allow intermediaries to offer the bank&#39s Shariacompliant Islamic mortgages to borrowers. From April 19 the product will be available to a selected number of intermediaries who have experience and an interest in the niche market. The Sharia-compliant mortgage was launched by HSBC in July 2003. HSBC buys […]

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