Leeds has launched a fee-free five-year fixed rate product at 5.99%. The product is available up to 90% LTV, has no higher lending charge or completion fees and allows 10% capital repayments each year.
Heritable Bank has reshuffled its senior management team. Finance director Ketan Malde has also taken on the role of chief operating officer, Tim Wentworth is now managing director of Heritable Capital Partners and Nick Barrett becomes managing director of Heritable’s structured property finance division.
Accord has slashed rates across its five best-selling prime products. It now has a three-year fixed at 5.14% with a 1.5% fee and a three-year fixed at 5.49% with a 795 fee, which is also available to existing borrowers.There is a 100% LTV three-year fixed at 6.14% with a 695 fee, a self-cert three-year fixed […]
Two of the industry’s biggest networks are gearing up for recruitment drives, fuelling talk of consolidation in the sector.Pink Home Loans and The Mortgage Times Group have unveiled plans to double in size by the end of the year.Pink’s strategy is to expand by acquiring rival networks while MT aims to recruit appointed representatives from […]
The number of traded endowment policies purchased in 2006 more than doubled compared with the previous year, says the Association of Policy Market Makers. Brian Goldstein, chairman of APMM, says: “Last year, market-makers saw record levels of demand for TEPs. It looks like 2007 will be even more successful.”
While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]
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