View more on these topics

Future Mortgages added to m2-mortgage club panel

Future Mortgages has joined Mortgage 2000&#39s m2-mortgage club.

Abbey National, Nationwide, Northern Rock, Yorkshire Building Society and the Portman have already joined the m2 panel in 2002. The addition of Future brings the total number of lenders to 28, accounting for around 90% of the mortgage lending market.

Alan Collinson, m2-mortgage club national sales manager, says: “We are delighted to welcome Future Mortgages to the m2-mortgage club panel. Future Mortgages is one of the most innovative and respected lenders in the specialist lender market and offers an exemplary level of service to mortgage intermediaries.

“Any mortgage intermediary can now deal directly with Future Mortgages whilst receiving the benefits offered by the m2-mortgage club. These include exclusive products, enhanced procuration fees and numerous lender special initiatives. Daily updates of product information are also supplied to those using the Mortgage 2000 Sourcing System.”

Brian Pitt, sales and marketing director at Future Mortgages, says: “We are pleased to be joining the panel of such a well-respected mortgage club. Mortgage intermediaries are both the foundation and the future of our business and we are committed to supporting this new relationship however we can. The intermediary market is about distribution and support and we are confident that m2-mortgage club provides both for lenders in this market. We very much look forward to working with its professional members.”

Intermediaries who wish to submit Future Mortgages cases via the club need only attach a mortgage club submission form to the mortgage application. No club registration is required. Submission forms are available on the Mortgage 2000 Sourcing System, or can be obtained by contacting the m2-mortgage club team.


Scottish Widows Bank offers new rates on 102% graduate mortgage

Scottish Widows Bank has introduced the option of a five-year stepped fixed rate to its 102% Graduate Mortgage to help graduates budget in the early years of their mortgage. The qualifying period has also been extended to allow those who have graduated in the last seven years to apply. The Graduate Mortgage allows individuals to […]

Elephant floats for first time

Elephant Loans & Mortgages has listed on the Alternative Investment Market of the London Stock Exchange for the first time.The company continues to exceed budget with October being a record month for turnover and profits and company directors are confident that the financial forecasts specified in its AIM admission will be achieved.All shares have already […]

Mortgage Brain will verify product data

Leading lenders who account for over 60% of mortgages transacted in the UK have agreed to verify key product details on Mortgage Broker &#45 the sourcing system from Mortgage Brain. And the sourcing system plans to extend this so individual lenders can GUARANTEE product details as appropriate. Companies that have announced their participation include Alliance […]

Cardholders to spend up to £10bn this Christmas

UK credit card holders will spend an estimated £10bn this Christmas, with the average big spender likely to chalk up credit card debts of £579. Research undertaken by the Virgin One account also shows the Scots to be top of the league of credit card spenders, averaging £730 on Christmas credit card spending. London&#39s City […]


News and expert analysis straight to your inbox

Sign up