View more on these topics

Shoparound Mortgages picks xit2

Shoparound Mortgages has chosen xit2s valuation exchange to manage its valuation instructions.

Gary Hall, managing director at Shoparound Mortgages, says: When you look around the valuation market, there is little doubt that xit2s valuation exchange technology is the most advanced and the most reliable.

“With the progress of the valuation displayed on the system, everyone is kept up-to-date and informed which delivers a tangible benefit to our intermediaries, clients and surveyors.”

Paul Duckworth, chief executive officer at xit2, says: Its another terrific endorsement of the system to have been chosen by Shoparound Mortgages.

Xit2 has delivered a system which puts Shoparound Mortgages firmly in control of their valuation process.

“It is a real coup for us to be chosen to provide a new automated system, which offers tangible benefits for both business and clients.

Recommended

Finance & Mortgage Solutions adopts Trigold

Finance & Mortgage Solutions has announced it is now fully integrated with Trigold’s E-Trading Centre.Advisers will now be able to send applications in principle and full mortgage applications electronically to over 50 lenders.Trigold’s pre-population technology allows information input during the search process to be transferred to the application form without the need to re-key data.Wayne […]

Bank of England freezes base rate

The Bank of England froze interest rates last week at 5.25%. Industry experts are split on whether another rate rise is needed to bring inflation under control with many predicting stable a base rate throughout 2007.

E2M links up with Mortgage 2000

Easier2Move has joined Mortgage 2000s conveyancing panel.Mortgage 2000, part of moneysupermarket.com, offers a range of products and services to mortgage intermediaries. This link up makes Easier2Move a member of Mortgage 2000s conveyancing panel, which will see their services offered to any of the thousands of intermediaries who use one or more of Mortgage 2000s services. […]

Dear Delia

Dear Delia, Wayne has inherited 50,000 and wants to buy a holiday home. He will rent the property out and occasionally use it for family holidays. He has seen a property in Cornwall for 250,000. He is earning sufficient income to support his mortgage and commitments and support the new loan but he can’t find a lender who will lend up to 80% LTV for a holiday home he may use himself. What are his options?

Life after the CML

By Roy Armitage, head of credit at LendInvest Last month saw three-quarters of the membership of the Council of Mortgage Lenders (CML) vote in favour of plans to create a super-trade body, which would see the CML merge with the likes of the British Bankers’ Association and Payments UK. There is little room for misty-eyed […]

Newsletter

News and expert analysis straight to your inbox

Sign up