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Complete retained as Salt packager

Complete Mortgage and Loan Services has been retained as one of Salt’s select group of packagers, following the lender’s rationalisation of its packager panel.

Tony Salentino, director of Complete, says: “Lenders are increasingly looking to form strong relationships with larger distributors who have a proven track record for quality. We are therefore very pleased to announce that Salt has retained Complete as one of its key packager partners. Although there is generally a lack of sub prime products in the marketplace, there is still a very healthy demand for buy to let and prime mortgages. Salt has a number of competitive products in both of these categories, and we are delighted to be able to continue to offer brokers a route to these products.”


£38m write-downs for B&B

Bradford & Bingley has revealed it took write-downs of £38m in Q1 2008.

Barclays reassures shareholders

Barclays has told shareholders it is now looking to create the conditions in which its stock price can move ahead again.

Packager usage up 5% in 2008

Independent research from NMG Financial Services Consulting shows that packager usage is 5% higher in Q1 2008 than it was the same time in 2007.Despite this it also shows that packager usage is slowing in the Q1 of 2008.Sue Traskowski, head of broker services at TFC Homeloans, says: “As product choice has reduced, brokers are […]


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