View more on these topics

Advantage launches Rapidremo

Advantage, a Morgan Stanley Group company, has launched Rapidremo, a legal service that speeds up the offer to completion stage.

Exclusively available on all ADV sub-prime freehold remortgages in England and Wales, the Rapidremo option could allow completions within 48 hours.

The key to exciting legal service, which includes free legals when Advantages panel solicitor is used, is that the conveyancing work begins at the initial underwriting stage and not at the traditional mortgage stage.

The free legals only apply to standard conveyancing work and does not include disbursements.

Keith Dearling, managing director of Advantage, says: This is another example of our ability and desire to innovate in the mortgage sector.

Rapidremo is a carefully thought through initiative, which will improve brokers experience when submitting applications for ADVs sub-prime remortgages in England and Wales.

This announcement follows our recent drive to make the ADV sub-prime range more attractive by making changes to the rates and criteria.

This allows brokers to provide competitive mortgage solutions to a wider range of customers, with a choice of fixed and discounted rate options.


Portman protesters vow to fight on

THE DISSIDENT action group protesting against Portman’s proposed merger with Nationwide has rejected offers of an armistice and warns it will topple the board before it lets the union takeplace. The action group, called Members Against the Takeover, aims to convince enough Portman members to vote no in the ballot on the merger next May, […]

Golf perk for secured business

Access Broker Services has launched an incentive scheme for intermediaries who introduce secured loan business. The prize includes flights, transfers, accommodation and entrance tickets to the 2007 Masters golf tournament in Augusta, US.

Advantage enhances website

Advantage has made changes to its e:lect website to make it easier to navigate. It has added tools including password prompts

Assetz named top agency in France

Assetz France has won the ‘best real estate agency in France’ award for the second year running at the International Property Awards. Stuart Law, managing director of Assetz, says: “We are delighted that we have once again been recognised by the industry as the leading new-build and French property leaseback estate agent.”


News and expert analysis straight to your inbox

Sign up