Platform has launched a range of fixed rates across its self-cert, buy-to-let and sub-prime products.The Britannia subsidiary’s move follows the launch of a product range in July with clickdecision. The online decision facility has seen Platform double its new business volumes and receive over 40,000 decisions online, of which over 80% have been approved. It has also launched a two-year fixed rate self-cert special available to 85% LTV at 4.95% with no early repayment charge. Guy Batchelor, sales and marketing director at Platform, says: “The challenge is to maintain our position as one of the top specialist lenders and this range of fixed rates will ensure we do that in the buy-to-let, self-cert and sub-prime sectors.”
Investing in residential property through a SIPP will be too costly for most consumers, says Landlord Mortgages. Lee Grandin, managing director of Landlord Mortgages, says that SIPPs wont have a monumental effect on the residential property market that some people are predicting. He says: “You would need a pension fund of at least 80,000 and […]
Royal London has appointed Trevor Bish-Jones, chief executive of Woolworths Group, to its board as a non-executive director
Specialist lender Money Partners has announced it has joined the Association of Mortgage Intermediaries as an associate member.Colin Sanders, CEO of Money Partners, says: “It has only been a few days since I had the pleasure of announcing Money Partners’ admission to the CML and IMLA. “Joining AMI completes our objective of gaining membership of […]
Bank of Scotland says it will target the growing number of high net worth borrowers in the UK. Research collated by market analyst Datamonitor reveals there are over 916,000 people in this country with assets of more than 200,000, and that number is expected to rise. The high net worth population rose by 12% during […]
The Pensions and Benefits UK Conference takes place this week, where Jelf will have a stand.
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