View more on these topics

Advantage packs 20,000 shoe boxes for Romania and Bosnia

Staff at Advantage Mortgage Services near Chester are pacing 20,000 shoebox gifts to send to orphans in Romania and Bosnia.

The boxes collected from children across the UK will be sent out in two giant trucks in time for Christmas, filled with sweets, toiletries, toys and messages of love.

Simon Maudslay, director at Advantage, says: “This is the third year Advantage has helped the children&#39s charity, 21st Century Child and the campaign gets bigger every year. It is good for the mortgage industry to give something back.

“The shoebox campaign also teaches our own children about giving.&#39

Anyone who would like to make a shoebox or give a donation can contact Darren on 01244 401339.

Recommended

Table 1: Gross mortgage lending in 2001

Mortgage channel Gross lending (bn) Market share Total gross lending £160.3 100% Total retail £88.2 55% Branch £76.9 48% Web, mail, phone £11.2 7% Total wholesale £72.1 45% Total mortgage intermediary £62.5 39% Online mortgageiIntermediary £31.3 19.5% Tied adviser £9.6 6% Sources: TowerGroup estimates, Council of Mortgage Lenders, European Mortgage Federation

SPML launches light adverse mortgage range

Southern Pacific Mortgage Limited is to launch a range of light adverse mortgages from December 1 2003. The seven schemes within the range cover LTVs up to 95%, with rates ranging from 2.25% to 4.25% above LIBOR, depending on LTV and levels of adverse credit history. The loans are available for purchase and remortgage, for […]

MCCB warns on complaints

Millions of borrowers will be left unprotected when FSA regulation comes into effect. In response to the Treasury&#39s consultation paper on complaints the MCCB warns that unless there is a change in the law, customers with complaints about mortgages purchased before Mortgage Day but not raised until after regulation begins will have no mechanism for […]

Confidence in housing market reaches peak of 60%

Confidence in the housing market has increased to 60% in October &#45 the highest level in 2003, a report by The Woolwich reveals The Woolwich&#39s consumer confidence balance has been rallying since March when it reached this year&#39s low point of 50%. This upward trend has seen confidence reach its current level of 60%, reflected […]

employee-focus-group

Five ways to make your employee focus group session a success

by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]

Newsletter

News and expert analysis straight to your inbox

Sign up