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Commercial First joins Freehold

Freehold, the packaging association for regional packagers and mortgage distributors, has added Commercial First to its lending panel.

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Society may advise on mortgages

The Derbyshire says it may launch an independent financial advice service for mortgage products following the unveiling of Derbyshire IFS last week. The IFS service offers independent whole of market advice on protection products, savings and investments, and also guidance on Inheritance Tax planning. But Mark Blackwell, marketing manager at The Derbyshire, says the society […]

Affordability market standard yet to emerge, says Fitch

Fitch Ratings says that a market standard has yet to emerge over the way lenders judge affordability.The credit ratings agency has undertaken research into the increasingly sophisticated ways lenders are adopting to assess borrowers’ ability to meet future obligations in the UK sub-prime mortgage market.Fitch says many lenders have turned away from the simple income […]

Business as usual at TMA

Abbey for Intermediaries says it’s business as usual at The Mortgage Alliance following the departure of head Steve Atkins last week. Atkins confirmed last week that he was joining Premier Mortgage Services as a successor to John Malone. Bob Hunt, key relationship director for Abbey for Intermediaries, says: “We wish Steve all the best for […]

Malone names Atkins as successor

John Malone, managing director of Premier Mortgage Services, cemented his plan to retire last week with the recruitment of a successor, but pledged to remain in the industry as a non-executive for as long as he is wanted. Malone made Steve Atkins, currently head of The Mortgage Alliance, an offer he couldn’t refuse – to […]

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