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Moneyfacts incorporates Mortgage Hub into all systems

Moneyfacts Mortgage Hub enables the broker instantly to access the intermediary services provided by each lender whether it be online KFIs, approvals in principle, online applications or case tracking. Moneyfacts Mortgage Hub lets the intermediary see immediately what services each lender offers.

With less than two months to go until Mortgage Day there is a lot of speculation in the market as to whether Mortgage Sourcing Systems will produce FSA-compliant Key Facts Illustrations.

Moneyfacts has two mortgage sourcing systems for brokers: Mortgage SearchScreen and eMoneyfacts. Moneyfacts is currently undertaking additional research and development work to produce compliant KFIs for all 108 lenders that feature on these systems ready for regulation day. Moneyfacts has already achieved penny accuracy with several of the largest


For smaller lenders who want to be able to produce their own KFIs for brokers but do not have an online facility, Moneyfacts Mortgage Hub will provide an automated email request system. Once the intermediary has selected the product and inputted the required client data, this is automatically emailed to the provider who can then produce the KFI and email or fax it back to the intermediary.

Alan Hough, Moneyfacts IT director, says: “There is bound to be increasing nervousness in the industry as we are approaching Mortgage Regulation day. With the Moneyfacts Mortgage Hub we are ensuring that brokers always have a choice.”


Freedom launches enhanced range of mortgage products

The range now includes a variety of new features. All prime products now offer an extended choice of interest rates up to 90% LTV, with the exception of buy-to-let which has one rate to 85% LTV. There are competitive discounted rates over one, two and three years to 85% LTV, on full status, self-certification and […]

Market Watch

Swap rates closed slightly down last week. One-year money is down 0.03% to 5.16%Two-year money is down 0.04% to 5.16%Three-year money is down 0.04% at 5.21%Five-year money is down 0.07% to 5.25% Lambeth launched an excellent three-year fixed rate at 5.10%. This follows its market-leading two-year fix at 4.85% which was pulled recently. Lambeth is […]

On the beat

However for me the entertainment value is fading and I am now getting pretty fed up with the hostilities. The nature and conduct of the debate it getting us nowhere. It is not constructive on any level. In fact to conduct the debate in public at this critical time is counterproductive. Now is the time […]

Purely becomes Interactive partner

Purely Mortgages, which is to launch this month, has struck a deal with Interactive Investor, becoming its preferred mortgage partner. The broker says it has been selected ahead of other established brokers to provide fees-free mortgage solutions to Interactive Investor&#39s database of over 1.4 million registered users. Purely says the partnership gives it greater access […]

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Global benefits predictions for 2015 from Jelf International

According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.


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