View more on these topics

Edeus slashes AVM charges

Edeus has brought its charging structure for Automated Valuation Models in line with those of standard valuations.

The lender has made this move as it says there will be times when a broker or his client will require a standard valuation, at other times the need for speed will dictate the need for an AVM.

Alan Cleary, managing director at edeus, says: Technology is the future and as market innovators we are keen to bring our brokers the choice they deserve.

There is no doubt that AVMs speed up the process and there will be times when it is imperative for a broker to help their client access funds as soon as possible. Our offering is all about choice, and helping brokers operate as efficiently as possible.


TMW adds Connect Mortgage Group to its distributor panel

The Mortgage Works has added Connect Mortgage Group to its sub-prime distribution panel. TMW has recently made some changes to the sub-prime range including the addition of five-year fixed rate products across the buy-to-let range and the introduction of a near prime plus range of products.Tony Webster, chief executive officer at Connect Mortgage Group, says: […]

Londoners take a broader view

Londoners are top of the league when it comes to having homes abroad, research from Bank of Scotland International reveals. It says 8% of people in London own property overseas.

Brokers should test lenders’ online application systems

Yet another major lender has launched an online mortgage application system with the usual promises of how much easier it will make our work. In this case, its modest claims in-clude ‘smooth operation, slick design, polished navigation processes, faster delivery than ever and applications so quick you’ll be bowled over’. Well, I tried the system […]

CML casts doubt on green houses

The Council of Mortgages Lenders has questioned the viability of Gordon Brown’s ambitions to build eco-towns with zero-carbon homes.In May, the Prime Minister-designate said one of the goals of his premiership would be to build five eco- towns containing 100,000 carbon-neutral homes, as well as zero-carbon schools, health centres and transport links.But the CML believes […]


News and expert analysis straight to your inbox

Sign up