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Five-year B2L fix

Mortgages for Business is offering a 4.69% five-year fixed rate buy-to-let mortgage. This features a 4.69% rate that reverts to base plus 1.75%. Early repayment charges apply if the mortgage is partly or fully repaid in the first five years.

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Kensington’s online facility commended by brokers

Kensingtons online facility has been commended by intermediaries for its innovative ways of producing applications, decision in principals and key facts illustrations.The system, which was launched earlier this year, has been hailed as a well kept secret, as its technology enables all intermediaries flexible access and end to end support.Kensingtons branded lending partners have had […]

Swift still seeking a chief executive

Swift Advances, the Essex-based lender Michael Bolton was rumoured to be joining, is still on the hunt for a chief executive. Despite a number of high profile names being linked with the company, nobody yet has been appointed to the position. Kestrel is the holding company for Swift, a secured consumer loan and residential mortgage […]

Don’t blame the mis-selling leeches

Following negotiations with Endowment Justice, a legal representative of intermediaries, Bradford & Bingley has done a U-turn over its refusal to deal with complaint handling companies. I don’t know about you but I can’t make up my mind whether I’m pleased or disappointed.

GMAC-RFC reports biggest week of 2005

GMAC-RFC reports its biggest week of 2005, with a record number of weekly applications. This week has been the biggest week in 2005 so far for the lender, which is attributing the rise in volumes to its service levels, the introduction of broker-friendly technology that includes the cascade system, and competitive products.John Malone, managing director […]

Life after the CML

By Roy Armitage, head of credit at LendInvest Last month saw three-quarters of the membership of the Council of Mortgage Lenders (CML) vote in favour of plans to create a super-trade body, which would see the CML merge with the likes of the British Bankers’ Association and Payments UK. There is little room for misty-eyed […]

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