View more on these topics

Network Data adds Victoria to lending panel

Network Data has added Victoria Mortgages to its packaged panel of lenders.

This addition now takes its packaged panel to 10 lenders.

Simon Read, business development director at Victoria, says: Were really pleased to be working with the packaging team at Network Data.

We understand that many Network Data appointed representatives have wanted to get access to us through its packaging team since we announced our new pricing earlier this year. Our strategy adds value to our partners.

We work exclusively with packagers, giving them security that were not working against them, whilst using the low-cost structure to bring market leading pricing to the market.

We expect our new market leading prime range and our near prime/light ranges to be a hit with Network Data intermediaries.”

George Fleming, lender partnership manager, at Network Data, says: I am confident that Victorias attractive product range and service proposition will add value to our panel.

This has already been demonstrated by a great deal of interest and anticipation from our brokers in advance of the launch.

“We look forward to working with the Victoria team and growing the volume of packaged business.


Recommended

Woolwich unveils two-year fixed rate

Woolwich is returning to the two-year fixed rate market as swap rates begin to stabilise. The new rate will be set at 5.39%, with a follow-on rate of 0.95% above base rate. The product will complement the range of tracker, capped, offset and long-term fixed rates already on offer.

Connect joins Rooftop panel

Rooftop Mortgages has added Sussex-based packager Connect Mortgage Group to its distribution panel.

Freedom launches B2L trackers

Freedom Lending has released limited edition two and three-year buy-to-let discounted tracker products.Both the two and three-year trackers are available at 5.48%, to 85% LTV and 5.78%, to 90% LTV. Rental calculations on both products are 120%, based on product pay rate.The maximum loan is 1m to 75% LTV, 500,000 to 80% LTV, 400,000 to […]

GEMHL develops direct proposition

GE Money Home Lending has teamed up with Sesame and Mortgages Direct as part of its direct-to-broker proposition. Duncan Berry, director of mortgage sales at GEMHL, says: “This channel is a growth area for the industry.”

Naming a reward programme

Six tips to get your reward programme name right

by Debra Corey, group reward director  Choosing a name isn’t easy. Whether it’s for your new puppy, a bundle of joy or your reward programme, a name determines a first impression – and often a lasting memory. When it comes to your reward programme, the name will determine how your employees feel about it even before […]

Newsletter

News and expert analysis straight to your inbox

Sign up