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Trigold amends sourcing system after criticism

Trigold has amended its Prospector Lite sourcing system for The Exchange users, following criticism that the proposal was a con.

Prospector Lite is a basic model of the Trigold system available to The Exchange users at the reduced price of 7.50 a month. But brokers have called it a con after it emerged that it offered no printing facility despite having printing instructions in its user guide. When brokers try to print information, the system instructs them to upgrade to the full Trigold system.

One broker, who asked to remain anonymous, says: “Prospector Lite is useless, as being unable to print means I can’t prove searching for products or produce Key Facts Illustrations.”

However, Trigold and The Exchange have reviewed the proposal.

Bill Safran, chief executive officer of Trigold, says: “As of December 19, printing functionality will be offered.”


Leeds launches another 10-year fixed rate deal

Leeds has launched a 10-year fixed rate product following the success of its Best Buy mortgage. Leeds has launched a similar mortgage for people with smaller deposits. The product is available up to 90% LTV, has no higher lending fee, includes the flexibility of allowing 10% capital repayments each year without penalty and has a […]

Skipton’s farewell to veterans

Skipton is to bid goodbye to Alan Scotter and Ron McCormick as they take early retirement to focus on different businessopportunities. Between them, the pair have worked with the society and its group for 45 years in a variety of roles, most recently as group commercial directors.

Kensington offers fixed plus option

Kensington Mortgages has launched a fixed plus payment option on all its standard products, which combines the benefits of fixed and tracker features.

Calling time on clocks to fool the queue

I’m taken with time and timing this week. Portman has called time on its buy-to-let mortgage, suggesting that this market is running out of time. And NatWest, for which I have some small regard, has banned time from its branches, on the basis that it’s high time its customers stopped complaining about it.

A funny old year

The past 12 months have been turbulent – just take a look at this chart of the FTSE 100 over the last year. There have been some points which I’m sure would have caused your clients some concern, and possibly even had them looking for an alternative investment with reduced volatility; perhaps without reducing their […]


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