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Savings Gateway expanded

The Savings Gateway scheme, the savings account for low income groups, has been extended across the country.

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Praxis joins PMPA

The Professional Mortgage Packagers Alliance has added Melton Mowbray owned packager Praxis to its group bringing its total membership to 15.Along with first charge mortgage loans, Praxis offers secured loans and commercial lending, and the packager recently launched its web-based sourcing and processing system Fast Forward.Vic Jannels, chairman of PMPA, says: “We are delighted to […]

mform.co.uk predicts interest-only mortgage rush

Independent online mortgage research site mform.co.uk is predicting that more mortgage customers will switch to interest-only loans in a bid to avoid the worst effects of the credit crunch payment shock.It warns that currently around 24% of home movers and first-time buyers take out interest-only loans without specifying a way of paying off the mortgage.The […]

Leadbay adds IVA and trust leads to service

Leadbay has expanded its service to include leads for individual voluntary arrangements, Scottish Trust Deeds and individuals in need of debt management services.IVA and trust leads will cover cli-ents with debts of at least £15,000 and 10,000 respectively who have a minimum disposable income of £200 per month.Clients with debts of more than £5,000 and […]

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