Southern Pacific Mortgages Limited has appointed Andrew Sigsworth as business development manager for the north of England, reporting to regional manager Paul Summerscales.Sigsworth joins SPML from Portfield Mortgage Services, where he was mortgage sales manager for three years. Sigsworth has 10 years of experience in the finance and mortgage industry.
Specialist lenders have hit back at reports that regulation has resulted in them losing out to more traditional lenders, whether or not they offer better products.
Countrywide, which closed 54 of its estate agencies during 2005, says the housing market has crashed to its lowest sales level for 30 years. Managing director Harry Hill blames last year’s four interest-rate hikes, and predicts 2005 will go down as one of the worst on record for sales.
Many thought 2005 would be a quiet year but the mortgage market has seen a plethora of product launches over the last 12 months, says Martin Reynolds
From Julia Jenkins It was interesting reading your news story about secured loans and the comments made by Steve Walker of Promise Finance in Mortgage Strategy (November 21). I attended the seminar at the Mortgage Expo mentioned in the article and was disappointed that the options available for brokers to conduct secured loan business were […]
The bridging market has enjoyed an excellent couple of years and, as a result, has seen a succession of new lenders enter the market. That competition has forced all of us to look carefully at how we price bridging loans. Over the past few months we have spent a lot of time on adjusting the […]
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