View more on these topics

Mortgages plc lending activity 92% up

Mortgages plc, the UK residential lender and wholly owned subsidiary of Merrill Lynch, has increased the volume of lending written via the Regulatory Alliance of Mortgage Packagers by 92% over the past 12 months.

RAMP, which represents some of the largest branded mortgage arrangers and packagers in the UK, has confirmed its own level of completions has increased by 25% over the past year and it is on track to complete more than 3bn of non-standard business this year.

Peter Beaumont, sales & marketing director at Mortgages plc, says: “Were delighted with the way our business relationship has developed with RAMP members. We have been able to work effectively together to boost business levels at a time when the mortgage market has experienced a period of slowdown. I have no doubt we will be able to continue this trend over the coming months.”

John Rice, managing director of RAMP, adds: “Mortgages plc has become a key lender as far as RAMP members are concerned. The company has a highly competitive product range and has been able to provide a consistently high quality service.

“Its recent affordability product launch is a highly innovative development and one that we applaud. This is just the sort of productive working relationship we are seeking to establish on behalf of our members.”

Recommended

Outsourcing contracts shrink says TPI

Technology Partnerships International says that many companies are awarding smaller outsourcing contracts because of increased use of offshore locations. The latest quarterly index from the sourcing advisory firm shows the average value of larger contracts signed worldwide to date in 2005 is 183m, down by almost a quarter from 240m a year ago. The trend […]

Football a turn-off for buyers

Football may be the national game but it’s a big turn-off for home buyers, a survey by Propertyfinder. com reveals. For the best valuations, cricket and tennis venues are the best. Famous cricket grounds are estimated to add 3.3% to property prices nearby. A property close to Lords cricket ground in London could be worth […]

Fewer networks serve the same ARs

Though the number of ARs has remained pretty static the FSA web register shows the number of networks is falling – a trend that seems likely to continue, says Richard Griffiths

Flood defences

The Environment Agency says millions of UK homes are at risk of flooding. The Royal Institution of Chartered Surveyors supports the idea of encouraging home owners to minimise damage in the event of a flood. Tight resources mean proper maintenance of flood defences by the Agency are under threat. RICS believes there should be an […]

Singapore cover image - thumbnail

White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.

Newsletter

News and expert analysis straight to your inbox

Sign up