Coventry has revamped its intermediary website and introduced a facility that allows brokers to track their own procuration fees.The improved website is designed to offer introducers easy access to the society’s lending policy and products and also features a secure area offering the facility for them to obtain a credit scored application in principle for their client, complete the Key Facts Illustration and make the mortgage application online. Personal case tracking is available on the website whereby intermediaries can access up to the minute information about their clients’ mortgage applications. A copy and retrieve facility is also included on the website that does not require data to be re-keyed. Julie Jones, head of intermediary sales at Coventry, says: “The improvements we have made are a direct result of feedback from introducers. “We recognise the importance of making it easy for them and their clients to do business with us and we are sure the improved website will be popular.” She adds: “We believe the online services we offer will speed up the whole process and we’ll continue to develop the website to enable brokers to do business with us when and how they want.” Coventry is also entering all introducers submitting an online application through the website into a prize draw to win tickets for the England vs Italy Six Nations rugby match in Rome in February 2006.
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The Association of Mortgage Intermediaries has come out with some depressing statistics that, if true, show despite regulation having been around for almost a year, both lenders and brokers are still stumbling over the basics.
Mortgages for Business is offering a 4.69% five year fixed rate buy-to-let mortgage.This product features a 4.69% five year fixed rate that reverts to Bank of England Base Rate (currently 4.50%, variable) + 1.75%. Overall cost for comparison of 5.9% APR, and early repayment charges apply if the mortgage is partly or fully repaid in […]
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Barclays and Woolwich have launched a range of mortgage deals, which include a highly competitive two-year fixed rate with no application fee at 4.89%, and a five-year fixed rate at 4.99%.Key features of the re-mortgage deals are rate fixed at 4.89% until January 31 2008, and 4.99% until January 31 2011. There are no arrangement […]
Royal London commissioned Opinium to run our State of the Protection Nation research to find out how people felt about their own protection needs and the industry as a whole. By Ross Jackson, Senior Protection Marketing Manager We surveyed people who had already taken out some kind of protection insurance and those who didn’t have […]
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