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Mainstream offers web calculators

Melbourne-based Mainstream Computing&#39s FinanZtools calculators and simulators are now available as server side web applications (servlets) in addition to client side applets and offline applications.

These products, tailored and developed for UK lenders, render pure HTML pages and are accessible instantly by all browsers without requiring any downloads, plug-ins or any other special software.

Dr Mark Blakey, Mainstream Computing&#39s, managing director, says: “Our products enable borrowers to set up a complete scenario in moments. They can see the advantages of flexible features instantly. Moving to server side technologies also permits users to save scenarios for later recall and to print reports. It also simplifies the process of integration with third-party banking and database systems, providing a far more expandable and open solution.”


Does this spell the end of anarchy?

The Association of Independent Financial Advisers and the National Association of Mortgage Brokers and Advisers have joined forces to build “an effective trade body” for mortgage intermediaries by the end of the year.Described as a “strategic alliance”, as yet no details of the name, budget or structure of the new body have been decided. But […]

Remortgages treble

The number of people remortgaging to buy a second or holiday home has trebled in the past four years, research from The Mortgage Business reveals.In 1998 one in 25 borrowers remortgaged to buy another property compared with one in six in 2001. Repaying an existing mortgage is the most popular reason for remortgaging.Borrowers appear to […]

Buy-to-let lending continues to grow

Buy-to-let lending grew beyond £5.5bn and 58,000 loans in the first half of this year, according to CML figures. The private lettings sector has surged past the 42,000 loans, worth £4.1bn, advanced in the second half of 2001. CML figures show that the average maximum LTV requirement in the sector remains unchanged at 80% for […]

Court case caused unnecessary work

From Bob YoungI write with reference to the court case brought by Chris Herbert against Capital Home Loans and Chancery Asset Management Group that was heard at Bristol County Court on August 19 2002 (Mortgage Strategy August 5 2002). The judge dismissed the case and found that there was no case to answer against Capital […]


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