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Dunfermline appointment

Dunfermline has appointed finance director Patrick Ferguson to its board of directors.

The mutual says the move recognises Ferguson’s hard work and the value he offers to the business.

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Lenders told to lobby government over CCA

The government’s sums don’t add up when it comes to how much borrowers will be charged if they pay off their loans early under new Consumer Credit Act guidelines, says Target Group.The financial software provider is calling on lenders to lobby the Office of Fair Trading to change its stance on early repayment charges.The CCA […]

Lenders pile on the pressure

Brokers continued to bear the brunt of the liquidity crisis last week as lenders chopped and changed criteria and fees at short notice.Scottish Widows Bank, Halifax, BM Solutions and Coventry among others increased rates or cut LTVs to cope with increases in volumes that are pressurising their processing and application departments.While brokers say they understand […]

Sesame offers consumer equity release guide

Sesame has created a consumer guide to help advisers provide the facts about equity release to their clients. The guide has been produced to ensure that financial advisers and their clients have the information they need before making any decisions, which is particularly important in a complex and emotive area such as equity release.Equity release […]

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Don’t dismiss all new-build property

Lenders are turning their noses up at new-build deals but in a diverse market they should check their facts and treat each deal according to its merits, says Mark Harris

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