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Salt unveils B2L deals for brokers

Salt has launched a range of buy-to-let mortgages to the intermediary market. Following its self-cert and sub-prime ranges, Salt is offering a three-year fixed rate buy-to-let at 5.60% and a three-year base rate buy-to-let tracker at 5.75%. The buy-to-let range offers rates at up to 90% LTV with a rental cover requirement of 115%.

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IVA specialists are set to ride the debt spiral

Government figures reveal the shocking truth. Over 26,000 people became insolvent during the second quarter of 2006 – an increase of 66.3% over last year. Extrapolate these figures and insolvencies could exceed 100,000 this year and sail past 150,000 by the end of 2007.

Tax transparency

Conservative shadow chancellor George Osborne says he would require the Treasury to run a special website showing where tax money is spent.

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 […]

GEMHL appointment

GE Money Home Lending has appointed Steve Wright as head of new product development. Wright held a number of marketing roles at GEMHL over four years before taking on this role. Previously, he gained over 15 years’ financial services experience across a variety of sectors working for Abbey, Natwest and Prudential.

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