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Speaking out pays off

Voting in Pink Home Loans’ 1000 Index has now closed which means a lucky winner has been chosen for expressing their views on industry issues in the survey.

Kerry Megginson of Brideshead Independent in Malton was independently selected as the recipient of 250 in gift vouchers for taking part in the survey.

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Cheval rebrands and launches broker website

Cheval, the London based bridging finance lender, is revealing a comprehensive rebranding and launching a website packed with features for the busy broker.Cheval, which has seen business levels rise significantly since it issued its code of conduct in October, has redesigned its website in response to market research among brokers. The site boasts functionality such […]

The Mortgage Mole

Salutes You, Sir Another hard week for the staffers at Mortgage Strategy and one that saw the team celebrating at Liverpool Street’s Great Eastern Hotel after scooping runner-up slot at the Bradford & Bingley Media Awards. And what a cause for celebration. They might only be runners-up but no other mortgage mags got a mention […]

London Scottish adds secured products to Phonix CPU system

Phoenix CPU, the producer of sub-prime mortgage and second charge software, says London Scottish is adding its secured loan products to its system.The Place Me system concentrates solely on the sub-prime mortgage market and secured loans to enable brokers to produce accurate comparison information to help their clients research. Place Me currently shows secured loan […]

Average values

Moneynet’s mortgage research data for October shows the average property value was 208,333. It also shows the average value of a property for a first-time buyer was 194,925, The average mortgage amount required was 139,982 for a 67% LTV, with first-time buyers looking for an average mortgage amount of 133,947 at 69% LTV.

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