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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.”

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UK Coal to sell brownfield sites for development

UK Coal is poised to sell up to 49,500 acres of brown field sites around its mines, both active and closed. The move, which will earn the company more than £500m, will see the development of commercial, industrial and residential property on the sites. Jon Lloyd, former head of property at HBOS, joined UK Coal […]

Mutuals gain access to Amber products

Building society collective Mutual One has launched its Mutual One Mortgage Partnership initiative, allowing its members to offer Amber Homeloans’ product range through their branches. Societies can now have access to Amber’s full range of products which range from near prime to super heavy adverse, and from buy-to-let to self-cert deals. The first society to […]

New scoring system on way

Lenders could adopt the US-style ‘FICO’ credit scoring system within 10 years, according to EuroCatalyst.Speaking at the recent Council of Mortgage Lenders’ funding summit Toni Moss, partner at EuroCatalyst, told delegates that she believes it is inevitable the US way will be adopted in the UK.A FICO score is a credit score developed by Fair […]

One-year deal proves popular

Beacon Homeloans says its 2.4% one-year discount mortgage is proving popular among its packaging partners and supporting intermediaries. Clive Wilson, head of sales for Beacon, says: “Our one- year discount complements our two and three-year fixed rates.”

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