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TBMC announces record results

The Business Mortgage Company has seen record results for the second month running, with £350m worth of applications in May. For the five-month period to May 2007, TBMC’s business was up 37% compared with the same period in 2006.

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GEMHL launches BTL range

GE Money Home Lending has launched a range of buy-to-let products. The range, which will be available from June 15 includes initial rate rental calculation and 100% rental income up to 85% LTV. Gerry Bell, head of mortgage marketing of GEMHL, says: “Following the successful launch of our first buy-to-Let range in November we are […]

I have learnt that sourcing systems are not infallible

Regarding the recent letter from Rob Stead (Mortgage Strategy June 11), while I agree with the sentiments he expresses, years of bitter experience have taught me that sourcing systems are not infallible. I can recount instances of products being sourced that had been withdrawn five days previously as well as countless examples of criteria not […]

Astra’s rising star is new MD Graham Toy

Norwich & Peterborough has appointed Graham Toy as head of commercial and intermediary lending and managing director of its subsidiary, Astra Mortgages.Toy joins N&P from Abbey, where he was deputy head of commercial lending. Prior to joining Abbey, he worked at Barclays, where his more recent roles included area director for Dorset, Devon and Essex.David […]

GHL and Salt offer refund

GHL Group has teamed up with Salt to celebrate the lender’s six-month presence on its panel by offering all its remortgage applicants a £250 refund on application fees plus free legal fees and surveys until August 3.

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

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