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N4 boss prepares for a cool month in the Arctic

Steve Jones (pictured), chief executive of mortgage technology provider N4, is taking part in an epic 350-mile race to the North Pole.

Jones is leading the oldest team (with a combined age of 140) in 2006’s Sony Polar Challenge. The North Pole features one of the world’s most extreme environments, where temperatures plummet and polar bears roam.

The gruelling four-week endurance race means 350 miles on skis during which the plucky teams pull their supplies on sleds, stopping en route at three manned checkpoints to resupply.

Jones’ team is looking for a number of sponsors as it aims to raise £100,000 for the National Star College which supports youngsters with complex disabilities.

Jones says: “We’re pleased and proud to support the National Star College which provides great opportunities for young disabled people, many of whom face far greater challenges than we will every day of their lives.”


73% Of brokers disapprove of borrowing age limit

Some 73% of Mortgage Strategy Online readers say lenders should not impose a maximum age limit on borrowers. Just 27% think they should. This week, Mortgage Strategy asks: “Is a second charge loan a viable alternative to remortgaging for sub-prime clients?” Q: Should lenders impose a maximum age limit on borrowers?

Stroud & Swindon launches fixes

Stroud & Swindon has launched a range of two-year fixed rate products including a two-year fix at 5.09% which reverts to base rate plus 0.99%.

Lenders are taking a long-term view

Extended mortgage repayment periods have come in for criticism in the national media but lenders are being responsible and helping aspiring first-time buyers, says Sally Laker

Economic guru dies

Milton Freidman, the inspiration for many of Margaret Thatcher’s economic policies has died aged 94.The economist who coined the phrase “there’s no such thing as a free lunch” was the man who proved that inflation could be controlled by targeting the money supply. This theory became monetarism.Dr Freidman won the Nobel prize from Economics in […]

How to cut mortgage fraud risk

Recent figures from Financial Fraud Action UK revealed a financial scam was committed, on average, every 15 seconds during the first six months of 2016, says Roy Armitage, head of credit at Lendinvest. That represents a 53 per cent rise year-on-year, with these scams coming in all shapes and sizes. Furthermore, a staggering 56 per cent of […]


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