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Credit repair range is a hit for Accord

Accord Mortgages says sales of its recently launched sub-prime credit repair product range are going through the roof.

The range is available on a direct to lender basis and offers specialist underwriters brokers can call direct.

Accord says it guarantees that if the broker’s client makes all payments due on time during the special product period, it will offer them any of the existing borrower transfer products from its prime range. Accord is one of the few lenders to pay proc fees for existing borrower transfers.

Linda Will, managing director of Accord, says the scheme has already been a roaring success.

She says: “The phones have been going mad. Our team is really pleased, but I don’t think they expected it to take off quite so fast.”


Mortgage for Business offers two buy-to-let products

Mortgages for Business is offering a 4.69% five year fixed rate buy-to-let mortgage.This product features a 4.69% five year fixed rate that reverts to Bank of England Base Rate (currently 4.50%, variable) + 1.75%. Overall cost for comparison of 5.9% APR, and early repayment charges apply if the mortgage is partly or fully repaid in […]

Understand how TCF will affect you

A recent speech by Clive Briault of the FSA should help firms better understand their obligations when it comes to treating customers fairly, says Bill Warren

Bernanke to replace Greenspan as head of US Federal Reserve

Alan Greenspan, the chairman of the US Federal Reserve who was once described as “the greatest central banker who ever lived”, is to be replaced in January by former Federal Reserve governor Ben Bernanke. Greenspan has been in charge of US monetary policy for 18 years, and has seen two stock market crashes and two […]

Biddle re-enters market with Infinity

Simon Biddle, Mortgage Strategy columnist and former marketing director of Preferred Mortgages , has joined sub-prime lender Infinity Mortgages as head of marketing and communications. He left Preferred in February 2004 to take a career break, but says now is the time to re-enter the market. He says: “I felt it was the right time […]

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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