Advantage has launched a sub-prime product range including two-year fixed rates from 5.79%. Keith Dearling, managing director of Advantage, says: “We have created a range of new products that better suit the needs of today’s sub- prime borrowers, including innovative criteria, competitive rates and a new name structure.”
Halifax has launched an additional commission structure on its general insurance proposition that offers brokers the first three years commission upfront. The new commission structure will be available on Halifax buildings and contents business accessed via the Halifax, Bank of Scotland or The Mortgage Business intermediary online platforms.The offer is only available to brokers who […]
Lehman Brothers Mortgage Capital has appointed Ed Payne as head of sales at Southern Pacific Personal Loans. Payne was formerly head of corporate accounts at Halifax. He will start work in August and will report to Guy Batchelor, executive director of sales and marketing at Lehmans.
The Money Group’s managing director Tony Murtagh has told Mortgage Strategy that he is interested in acquiring Capital One’s Homeowner Loans operation. As exclusively revealed by Mortgage Strategy yesterday, Capital One is closing its licensed credit broker Homeowner Loans with around 230 redundancies. But Murtagh says he has offered the loan, mortgage and credit card […]
The average Council Tax bill in Britain has increased by a whopping 91% over the past decade, research from Halifax reveals.Over the same period, the Retail Price Index has increased by just 31%, the price of services has gone up by 44% and average earnings have risen by 51%.The average Council Tax per dwell-ing in […]
Jamie Clark – Business Development Manager, Royal London Further to its investigation into the collapse of BHS and the impact on its pension scheme, the Work and Pensions Select Committee sets out its recommendation for defined benefits (DB) schemes going forward. We take a look at the main findings. Not all employers are naughty The report […]
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