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PMPA exclusives

Knight Funding is to offer deals from The Mortgage Business exclusively through members of the Professional Mortgage Packagers Alliance.

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Steady but not glorious period ahead

It has been a great six months for the mortgage market. Monthly lending records have been tumbling after a surge in confidence early this year.

SHIP says advisors must have lifetime qualification

Safe Home Income Plans says from August 1 2007 its members will no longer accept business from advisers who do not hold a suitable lifetime mortgages qualification. This resolution from the UK equity release industry body means that all advisers will have to sit the lifetime mortgages examination offered by the Chartered Institute of Insurers, […]

Islamic services go nationwide

Lloyds TSB has rolled out Islamic financial services across the country, following a pilot scheme.

Sub-prime lenders rapped

Sub-prime lenders have been criticised for not doing enough to get their clients back onto prime deals after putting them on credit repair products. Thomas Reeh, chief executive officer of blackandwhite.co.uk, says: “Lenders are not interested in credit repair as long as they have their customers on sub-prime deals. They rely on clients being lazy.” […]

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