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Advantage rejigs sub-prime range

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.”

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Halifax GI launches alternative commission 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 […]

SPPL sales appointment

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.

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Tony Murtagh looks to buy Capital One Homeowner Loans

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 […]

10-Year Council Tax surge

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 […]

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