View more on these topics

Pink launches RBS semi exclusives

Pink Home Loans has launched two semi-exclusive products in conjunction with RBS Intermediary Partners.

Both products are discount trackers, the first has a headline rate 5.19% and offers a free standard valuation, whilst the second has a headline rate of 5.23%.

Both products are available for purchases only, for loans up to 95% LTV, up to £250,000.

They are available to Pink Home Loans’ appointed representatives and directly authorised intermediaries on a direct submission basis.

David Copland, deputy managing director at Pink, says: “Pink is the only network to be able to offer these competitive products to its DAs, in addition to its ARs.

“They give the broker excellent rates for the first-time buyer market and the fees free option will save their client money when buying their home.”

Chris Pearson, director of intermediary mortgages at RBS, says: “We are delighted to be able to offer Pinks’ members these great deals.

“As a lender that is committed to growing its intermediary business it is important that we are able to work closely with our intermediary partners in the development of strong product propositions.

“I hope that Pink members find these two discounted tracker products, from our purchase brand RBS, attractive and that they are the first in a long line of exclusives we’ll be able to offer.”

Recommended

Increase in lending to individuals climbs to £9.5bn in May

The Bank of England has reported that the increase in total net lending to individuals in May hit £9.5bn. This figure was higher than the increase in April but lower than the previous six-month average.The 12 month growth rate fell 0.2% to 10.2% and the three month annualised growth rate fell by 0.5% to 9.2%.Within […]

TMW reprices BTL and self-cert range

The Mortgage Works has reviewed its buy-to-let and self-cert product ranges.While fixed rates have been increased, tracker rates have been reduced and new products added to the range, to widen the choice available for borrowers. The specialist lender is introducing six new products to its buy-to-let range at a maximum LTV of 75% – these […]

CHL launches short-term self-cert fix

CHL Mortgages has launched a self-cert fixed rate product at 5.79% until March 2008. It is available up to 90% LTV with no early repayment char-ges after the fixed period and no higher lending charges. Its proc fee is 0.5% and the product is only available to the self-employed, with no requirement for proof of […]

Enterprise confirms 200 ADV2 enquiries

Enterprise Finance has confirmed it has received over 200 ADV2 enquiries from brokers following the launch of the new ADV2 product range.The range, which is funded by Advantage, has already seen the completion of the first three cases, for loan amounts of £194,000, £32,000 and £152,000.Advantage has entered the secured loans market, under the new […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]

Newsletter

News and expert analysis straight to your inbox

Sign up