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Promise bolsters lender panel

Promise Solutions has added First European and an as yet unnamed lender to its sub-prime and self-cert panels. First European deals are available on an introducer or satellite packager basis.

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Help for brokers to choose networks

Peter Gwilliam, recruitment specialist for the mortgage industry, and PR guru Julian Wells have set up Adviser Matrix to help brokers search for a network. The service offers brokers a single point of contact and will court the market for them.

C2 pulls plug on mortgages

C2 financial says it is no longer actively seeking mortgage business in the broker market as a result of the continued economic downturn.

Lowest house sales since 1978

Estate agents are reporting less than one sale a week, says the Royal Institution of Chartered Surveyors.

RICS reports the lowest level of transactions since its survey began in 1978 – 12.7 over the past three months.

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