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Lehman Brothers appointment

Lehman Brothers’ Mortgage Capital has appointed Mike Cook as head of product development. He joins Lehmans from Kensington Mortgages where he was head of product management. Cook will have responsibility for overseeing all aspects of product development.

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Hitachi launches direct-to-consumer website

Hitachi Capital has launched a website that enables brokers to sell mortgage payment protection insurance direct-to-consumers.Richard Amphlett, head of business development at Hitachi Capital, says: “The mortgage payment protection insurance market, especially for those products sold by lenders, is still having a rough time”“With the ongoing investigations that payment protection has been getting, it is […]

Platform appoints risk director

Platform has appointed Alexia Antoniou as director of risk and compliance. Reporting directly to managing director David Tweedy, Antoniou will oversee a 19-strong team including Platform’s head of risk and head of compliance.

Big lenders should learn from Principality’s example

In a market where a few big names dominate, it takes a regional lender like Principality to set an example the rest should follow. Having generated a KFI through Trigold in early May, I was shocked to find that a higher lending charge had been added to the loan at offer stage. Feeling frustrated, I […]

Kensington launches fees free deals

Kensington has launched two exclusive deals offering fee-free remortgages and fixed rates from 5.55%.The fee-free remortgage package is available on all three-year fixed rate sub-prime applications submitted both direct to Kensington and through selected distributors. It carries a 0.35% loading , with no completion fee, no arrangement fee, no legal fees on properties in England […]

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