View more on these topics

Preferred launches winter promotion at Expo

Preferred will launch a winter promotion at the Mortgage Business Expo on Wednesday November 16.

The promotional offer gives customers an additional 0.25% discount across the entire core range when choosing a one-year discounted product. They also receive a free valuation on both the core range and the two- and three-year fixed rate products. Discounted rates will start at 4.08% for the duration of the offer.

Roger Taylor, director of sales and marketing at Preferred, says: “At Preferred, we value our relationships with our intermediaries and actively look for additional ways to provide support and add value. This promotional offer is another opportunity for our intermediaries to present customers with an extremely competitive product in tandem with the high levels of service and understanding that they know they will receive from Preferred.”

The promotional offer is part of Preferreds continuing enhancement of its product range. It is in addition to its core range launched at the end of September with significantly reduced rates, increased discounts and new criteria, and its two- and three-year fixed rates introduced in October, passing the benefit of recent interest rate reductions directly to the customer.

Intermediaries wishing to learn more about the promotion can visit Preferred on stand F74 at Mortgage Business Expo.


Landlords signal market confidence

The latest survey conducted by specialist buy-to-let lender, Mortgage Trust, reveals that the number of buy-to-let landlords buying rental properties is double the number that are considering selling them. Some 25% of buy-to-let landlords surveyed stated that they were actively seeking to purchase new investment property, compared to only 12% who said they were thinking […]

Conveyancer and software firm launch e-initiative

Dashboard Software and conveyancer Goldsmith Williams have launched a joint electronic trading initiative. As a result of the partnership, Dashboard Software users can submit instructions to Goldsmith Williams at the click of a button. Information required by Goldsmith Williams is received and acknowledged by the company in seconds. The initiative is based on a customer […]

Letter was like complaining about the shape of pyramids

From M R Hird The letter, ‘Paragon must change to become competive again’ (Mortgage Strategy, October 31) was like complaining about the shape of the pyramids. When it comes to standards there are many so, as brokers, we have plenty of choice. But while making that choice I would take into consideration, as it would […]

Clients seek security in fixed rates

Mortgages Direct says more borrowers are opting for fixed rate deals because they aren’t convinced the low level of base rate will hold. Research compiled by the financial arm of Spicerhaart shows 96% of borrowers opt for fixed rate deals of two to five years. Peter Gladdy, director of Mortgages Direct, says: “With many fixed […]

'Feeling the Squeeze'

Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]


News and expert analysis straight to your inbox

Sign up