national packager and branded lender c2 is further expanding its cashback and free valuation offer on all cases received after December 12.The company is offering a 1.25% proc fee and 0.5% cashback plus free valuation on the GMAC-RFC three-year packager fixed rate with no extended penalties available up to 95% and with rates starting at 5.65%. It is also offering a 1% proc fee on the Kensington low adverse and heavy adverse ranges with a 0.75% cashback and free valuation. David Wylie, managing director of c2, says: “We are determined to pass on significant customer and adviser benefits wherever possible. “We will be monitoring our service levels carefully and will only continue to make these products available so long as we can continue to give a high level of service.”
The industry has mixed attitudes to mortgage payment protection insurance, research by Assurant Solutions and CETA has revealed.The survey shows that 89% of respondents continue to sell MPPI despite the increased scrutiny that the product has faced from the FSA and other consumer bodies. Additionally, one third of those surveyed believe the product has become […]
Ipswich has launched a discount buy-to-let mortgage with no early repayment charge to coincide with the introduction of its online case tracking service for intermediaries on December 12. The product, which is discounted by 1.5% until February 29 2008 and has an initial rate of 4.90%, allows landlords to move to any other product during […]
Money Partners has further increased its intermediary exposure by listing its mortgage product range on Mortgage Brains broker sourcing system.The lender s range of Premier and Origin mortgages – comprising variable, fixed and discount rate options – will feature on Mortgage Brains latest and most comprehensive sourcing system, Broker 6.50, launched in November.Colin Sanders, Money […]
There is growing concern that the government’s shared equity scheme could have serious implications for the economy if there were to be a housing downturn. Chancellor Gordon Brown revealed in his pre-Budget statement last week that three lenders had signed up to the government’s shared equity scheme to help first-time buyers get on the property […]
In 2016, Cormac Weldon expects the economy in the US to favour selected smaller companies in housing, airlines and technology.
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