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Preferred Mortgages sponsors triathlon challenge

Preferred Mortgages sponsored this year&#39s Sussex Triathlon on June 6. The triathlon is proving to be a local success story with up to 300 entrants this year who challenged themselves with a continuous 500 metre swim, 26 kilometre bike and a five kilometre run. Two employees from the Haywards Heath-based company took part in the gruelling challenge to raise much needed funds for two charities Cancer Research and Sense.

Dennis Pitocco, chief executive officer, says: “We are extremely pleased to have sponsored this event. It takes a determined person to enter into an event of this nature. I have respect for anyone who can put themselves through the paces of taking part in a triathlon and wish to congratulate all those who completed this event.

Urbanrace race director Dan James says: “The involvement of Preferred Mortgages proves the momentum behind triathlon as one of the fastest growing sports in the UK. With the support of Preferred we can continue to raise the quality of this local event and promote the benefits of triathlon as a healthy lifestyle sport.”


Affordability hits Scottish FTBs

This week we continue our round-Britain tour of the mortgage and housing markets. Halifax figures show Scottish house prices have risen 40% in the past three years and the majority of towns across the country have recorded strong increases over the past 12 months. Scotland escaped the boom and bust and resulting negative equity suffered […]

37 apply to join AMI board

The Association of Mortgage Intermediaries has revealed that it has received 37 applications for the 12 positions on its managing board. There will be two local members drawn from firms made up of one to five brokers; two regional members from firms of six to 99 brokers, and two national members who will be representatives […]

County appoints Kensington to lending panel

Branded lender and packager County Mortgage Services has appointed Kensington Mortgages to its lending panel, taking its total to 17. David Wylie, managing director of County Mortgages, says: “It will enhance our ability to provide solutions to our introducers enquiries as we believe Kensington Mortgages offer niche areas of criteria in the sub-prime market that were previously […]

Good Northern Rock rates seem to be hitting its service

From John Stewart We were approached by first-time buyers at the end of March who realised that buying a house would be a stressful experience – but they hadn&#39t anticipated dealing with Northern Rock&#39s administration. We approached Northern Rock because it was the only lender who could help our clients ,who had run up some […]


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