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Compensation reminder

The Financial Services Compensation Scheme last week reminded consumers that they can claim compensation of up to £48,000 if they have lost money as a result of their dealings with any one of 24 firms it has declared to be in default.

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Nationwide deals

Nationwide has increased the rates on its range of fixed rate mortgages.

We must be aware of green deals

As consumers become more aware of environmental issues, brokers must ensure they know about the green mortgage products available in the market, says Drew Wotherspoon

Seminars will boost secured loans’ profile

Oryen Commercial and Oryen Secured Loans for Intermediaries are to host a series of seminars to raise awareness of commercial mortgages and secured loans. The seminars, held in conjunction with Commercial First, Kensington Personal Loans and Southern Personal Pacific Loans, will kick off on January 30 at the Wentbridge House Hotel, Pontefract. A spokesman for […]

NR reports 33bn record gross lending

Northern Rock has reported record gross lending of 33bn in its preliminary results for the year ended December 31 2006. This is an increase of 22.7% from 2005 when total gross lending hit 26.8bn. Net lending increased 14.2% to 16.6bn from 14.5bn in 2005. NR says prospects for 2007 are good, with a total opening […]