View more on these topics

The Mortgage Mole

Cup Fever
Mortgage Strategy got stuck into the World Cup spirit last week by decorating the office in red and white England flags and banners. Mole decided to ignore feedback from this week’s Word on the Street that putting flags outside your property can lower its value and decided to show full support for the England team.

Research suggests that women and wealthier people are particularly perturbed by home owners displaying their support for England, which could explain some glum faces in the office of late.

Getting Shirty
Sticking with the World Cup theme, the Mortgage Strategy team was out in full force on Thursday to watch England hammer Trinidad and Tobago in the closing minutes. Mole celebrated the win in style at the Caf矒oyal just off Piccadilly Circus, courtesy of those kind folk at Platform.

As the drink flowed (and there was plenty of it), Mole became increasingly worried as England failed to score until 83 minutes into the game. But after a 2-0 victory, relieved Platform sales Maestro Guy Batchelor got up onto the stage to kick off a charity auction, quipping that the star giveaway of a signed England shirt was no self-cert deal but the real thing.

Mole, being the generous soul that he is, coughed up 2,500 for the prized garment. “He was framed,” said one would-be hooligan without a Solution to stand on.

“Talk about being in the picture – my money’s on Spain!”

In The Leaves
And still with the sporting theme, it seems that gorgeous Stuart Brumhill, the erstwhile marketing (if that’s what you call it – ed) manager from em-financial still has homo-erotic dreams about Platform’s own marketing gnu Paul Hunt.

Surprisingly enough, Mole has learned that em’s equivalent of JRR Tolkein’s Gimli not only has a deep fascination with Platform’s head of marketing but also Yorkshire Tea. Read into those leaves what you will.

Sore Ed
Party-goers at Mortgage Next’s cocktail-making event at wine museum Vinopolis got a once in a lifetime opportunity to taste Robyn’s Rocket.

The fruity beverage, named after Mortgage Strategy’s esteemed editor, was invented by Justine Tomlinson, marketing director at Mortgage Next and is rumoured to contain copious quantities of gin.

One person lucky enough to get a sip commented: “It’s alcoholic but not wholly unpleasant – it’s the sort of drink that will certainly punish you the morning after a big night if you abuse it too much.”


BDM for InterBay

InterBay Funding has appointed another business development manager. Jamie Breathwick joins from the Royal Bank of Scotland Group where he was a BDM for four years.

Good start to 2006 for RBS

The Royal Bank of Scotland says its first half results for 2006 are positive, with a boost in retail markets from consumers’ move away from unsecured loans to savings and investments.

Bank of Scotland re-vamps self-cert range

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%. […]

Lender exit fees not always clear, says FSA

Some lenders are not making exit fee charges as clear as they could be on mortgage contracts when borrowers take out loans, says the Financial Services Authority.The FSA announced in September 2005 that it was looking into the issue of recent increases to mortgage exit administration fees as some people had argued that these increases […]


News and expert analysis straight to your inbox

Sign up