Some of the features of the product include free valuation on properties valued up to £600,000, discounted legal fees package available for remortgages, no early repayment charge after November 30, 2006 and up to 25% of the loan can be repaid at any time without an early repayment charge.
In addition to many thousands of small firms, major introducers, clubs and networks also benefit from using white label Mortgage Brain configurations. These include Bankhall/Point One, Bradford and Bingley Group, Connells, Friends Provident, LIME, Mortgage Intelligence, Mortgage Next, Norwich Union, Paymentshield, Personal Touch, Pink Home Loans, Sesame, St James's Place, The Exchange and Zurich. The […]
The Grant of Permission Part IV of the Financial Services and Markets Act 2000 enables YMO to conduct Mortgage and GI business as a principle with effect from October 31, 2004. David Espin, compliance director for YMO, says:”We are all very pleased that we have received confirmation of our authorization as this will enable YMO […]
The network, which has over 1,200 advisers using its support services in the current non-regulated marketplace, received its MTA from the FSA in July and has now received its grant of permission under the Financial Services and Markets Act 2000. Jason Graham, managing director, says: “It is extremely pleasing for both our company and those […]
It has also withdrawn the five year discount product 5D4u and replaced it with 5D4x. It has extended the completion date for receiving free legal fees to October 31, 2004 for all products that have this feature. For intermediaries in the North-East, it has launched two three-year discount products schemes 3D4g & 3D4h.
Last year we highlighted the launch of the Department for Work and Pensions’ (DWP) auto-enrolment awareness campaign – fronted by that nice friendly monster Workie. The Pensions Regulator (TPR), however, may not be so cuddly. In early January it issued this statement, with some of the most relevant passages reproduced below for information: “Up to half a million small […]