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Britannia sticks with fixes

Britannia has pledged not to take any of its fixed rate products off the market despite the recent hike in interest rates.

Tim Franklin, director at Britannia, says: “While other lenders have been pulling their fixed rate products following the latest increase in the base rate, we have decided not to follow their lead.”

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HBOS appoints mortgage boss

HBOS has appointed Joe Higgins as head of mortgages overseeing product development, policies and strategies across the lender’s five brands.

PACKAGER SUMMIT 2007: AMI to establish standing committee for packagers

The Association of Mortgage Intermediaries is to launch a standing committee to represent packagers in a bid to unify industry.When asked their opinion of a possible trade body for packagers, similar to AMI, half of the delegates at the Mortgage Strategy Packager’s Summit thought this would be a positive influence on the industry. Almost all […]

CML reports record December gross lending

Gross lending hit a new December record of 29.4bn, reveals the latest data from the Council of Mortgage Lenders.This was down by 11% on the all-time record of 33.1bn reached in November, but up by 8% on the 27bn of lending in December last year.Today’s data also reveals that a record 346bn was lent in […]

Mortgages PLC to sponsor all three Expos

Mortgages PLC has signed up to sponsor all three Mortgage Business Expos in 2007.The lender will be at the events in Glasgow, Manchester and London and will have its branded truck onsite, alongside sponsorship of a fully branded caf矡rea. Julian Wells, head of marketing at Mortgages PLC, says: Were delighted to be signing up for […]