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The Mortgage Union gains full authorisation from the FSA

Philip Head, managing director of The Mortgage Union says: “I am delighted to have received the authorisation, especially for all those ARs that have already committed themselves to The Mortgage Union. We have a broad product offering and a ground breaking software system, Xplorer, that researches the mortgage product, life assurance, GI and produces all the necessary compliant paperwork.

“It&#39s not surprising that application levels are above our best expectations and now that we have received full authorisation we expect more appointed representatives to join our network.

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Primary school performance points to property price premium

Alex Bannister, Nationwide&#39s group economist, says: &#34In the last two weeks thousands of children have started their first year at primary school. Traditionally, primary schooling is viewed as crucial in providing children with the basic building blocks of learning and thus parents put a great deal of effort into researching the performance of local schools. […]

Website offers guide to buying abroad

It says that while buying property abroad is a dream come true for most people, sadly some horror stories abound. For example, buying a property without a survey to find that it floods every year. Finding an idyllic property in the winter to find that in the summer it becomes a loud and noisy beach […]

Jet-to-let scheme takes off

Oceanico has joined forced with Barclays bank to offer a tailored mortgage on its developments in Lagos, Portugal. The deal offers a two-year interest rate free period combined with a two-year capital repayment holiday, dependent on a 30% deposit. Oceanico says that with a strong lettings market, buyers also stand to make enough for the […]

GMAC-RFC&#39s online system sees 20,000 decisions in three months

Jeff Knight, head of marketing at GMAC-RFC, says: “The reaction to the system is fantastic. We attribute this success to the fact that our unique online system is offering the best service &#45 and the mass appeal of being able to offer binding decisions.” GMAC-RFC&#39s online system differs from others which only offer online DIPs […]