TFC Homeloans has launched a range of exclusive sub-prime products funded by Platform.The products are three-year deals fixed until September 1 2009, and are 0.3% lower than Platform’s core range.Rates start from 5.50% and apply to all Platform’s sub-prime products from near prime to heavy adverse, including Right to Buy.Simon Snape, head of products and marketing at TFC Homeloans, says: “Platform’s product enhancements are welcome news for the industry. We are grateful to Platform for developing this exclusive product range and look forward to working closely with it during what will undoubtedly be an exciting year.”Richard Bearshaw, head of sales at Platform, says: “We look forward to developing our relationship with TFC by launching further specialist products in the coming months.”
Mortgage 2000 is opening its sub-prime sourcing wizard to the whole market.
Bank of Scotland Mortgages is introducing new rates across its fixed, tracker and remortgage offerings.The move strengthens its proposition for brokers dealing with a growing self-employed market.The two year tracker is at Bank of Scotland base rate +0.39%. This is available on loans of up to 85% LTV and carries an initial rate of 4.89%. […]
Swaps continued to edge their way down last week.
Students are putting themselves needlessly at risk of financial fraud, a survey by Moneyfacts and the University of East Anglia has revealed.More than 70% insufficiently destroy used card receipts and old bank statements, almost half allow other people to use their card/PIN number, and almost a third use the same PIN Number for all their […]
When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]
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