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PMPA to launch Unity Homeloans next Monday

As exclusively revealed by Mortgage Strategy in September, the Professional Mortgage Packagers Association is officially launching its lender Unity Homeloans next Monday.

Billed as the first lender to be formed by intermediaries for intermediaries, Unity will be having its launch party tomorrow in London at the offices of backers Investec. Ian Nelson, chairman of BDS Mortgages, will be serving as chief executive officer of Unity.

Backing the startup is Investec, who also fund sub-prime specialists Infinity Mortgages. Founded in Johannesburg in 1974, today Investec is an international specialist banking group, working in South Africa, the UK and Australia, providing a wide range of financial services and products.


Survey reveals extent of overcrowding in social housing

Children have to share a bedroom with their parents in almost three-quarters of overcrowded families, and one in 10 families in cramped housing have teenagers of the opposite sex who are forced to sleep in the same room. These are just two of the shocking facts to emerge from a survey on the effects of […]

Trump to sell mansion for 71m

Millionaire businessman Donald Trump’s Florida mansion has become the most expensive property in America. The star of TV’s The Apprentice is selling his 17-bedroom house for a massive 71m. Though Trump has spent a fortune renovating the property, he has never lived in it.

CII opposes cutback in FSA regulation

The Chartered Insurance Institute has opposed the Financial Services Authority proposals to remove customer controlled functions from the regulatory regime. The CII emphasises the need to retain direct regulationof individuals dealing with customers. The FSA is arguing for the abolition of customer controlled functions where individuals are dealing with wholesale, i.e. non-private, customers. The FSA […]

Paragon unveils SIPP proposals

Paragon Mortgages has revealed its plans for self invested personal pensions in a bid to head off industry rumours that it might cut its panel of eligible introducers. The buy-to-let specialist lender says as an expert in the field it will have strict controls in place so only those qualified and able to provide expert […]

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


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