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Partnership offers deals based on credit history

Brokers are welcoming an alliance between Trigold and Equifax that will allow them to access a host of mortgage products appropriate for their clients’ credit ratings.

Users of Trigold’s Enhanced Non Confirming sourcing module are now offered results based on a client’s credit situation and requirements as well as the lender’s underwriting rules.

The system leaves no footprints, so consumers will be able to shop around for the most suitable product. Credit reports are also available with up to a 20% discount.

Advisers will no longer waste time recommending and applying for mortgage products that inevitably will be refused due to forgotten debts.

Ray Boulger, senior technical manager at John Charcol, says: “Full marks to Trigold, this sounds like an interesting proposition.”

Bill Safran, CEO of Trigold, says: “This is a fantastic partnership that solves the one remaining issue in sourcing sub-prime mortgages. There are few things more frustrating than applying for a prime mortgage, only to have it rejected because of an outstanding debt the customer did not know or disclose and having to start the whole process again.”


Equity release market still constrained

There have been plenty of column inches devoted to equity release products over the last five years. The market seems to have great potential, which remains largely unrealised. The barriers to its growth have been far more significant than many predicted, with lenders and borrowers remaining cautious.

Purely Appointment

Purely Mortgages has appointed Alastair Waldron as head of business development. He has been brought in to further develop the business’ third party and affinity marketing opportunities. Waldron, an experienced marketer in financial services, is best known for his work in the lifetime mortgages sector, most recently helping Prudential launch into this area.

Lenders’ exclusives raise spectre of mis-selling

From Keith Butler Can I add one point to the excellent cover feature ‘Special Benefits’ by Harvey Jones in last week’s Mortgage Strategy (December 12). The feature detailed the pros and cons of lenders offering brokers exclusive products. But one point that wasn’t covered was the fact that if lenders offer exclusives to brokers, they […]

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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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