View more on these topics

eMoneyfacts and MTE join forces

eMoneyfacts is in the final stages of upgrading its broker sourcing system with the Mortgage Trading Exchange – and is due to go live in May.

The intermediary arm of Moneyfacts recently surveyed 8,000 brokers who use the mortgage sourcing functionality on

It found a high proportion of respondents felt it needed to integrate with MTE.

Paul Yallop, head of, says: “It’s great to offer brokers a fully integrated service from our sourcing system into the transactional platform.

I’m confident that we’re giving users of the service exactly what they need – a seamless transition from sourcing the mortgage into the transaction.

This is the first of a series of really exciting enhancements that we’re implementing to the service.”

eMoneyfacts users will have full KFIs, application in principle and application capability through the extensive range of lenders available on the MTE platform.

Mark Lofthouse, chief executive officer of the MTE, says: “The Moneyfacts Group is one of the most highly respected financial services organisations, and has always been proactive in using technology to drive both business efficiency and customer service.

Its selection and endorsement of our electronic trading solutions is most welcome.

“Like us, Moneyfacts is totally committed to technology and delivering the highest quality of services and products.

We are looking forward to continuing our partnership relationship for many years to come.”


Rightmove offers free house with McDonalds

Rightmove and McDonald’s are teaming up to offer the grand prize of a £240,000 house as part of the Bigger Win Monopoly promotion. The grand prize is won via collection of the Park Lane and Mayfair property game stickers, hidden amongst thousands of property game stickers given away with selected McDonald’s food purchases.The collect to […]

Up to six estate agents are banned each year

The Office of Fair Trading has revealed that it bans up to six estate agents per year from selling houses as a result of them being found guilty of criminal offences.

Abbey launches fix and tracker

Abbey has launched a 10-year fixed rate and a 4.99% tracker. Its no-upfront fee deals include a two-year fix at 5.59% and a remortgage deal fixed at 5.64%. Its £999 upfront fee two-year deal is fixed at 4.99%, while its 10-year fixed rate is 5.34%.

BM Solutions launches buy-to-let products

BM Solutions has launched a range of products across its buy-to-let range.The rates include tracker and fixed products, across three levels of rental income cover. Leading the way is a two-year product, tracking the Bank of England base rate at plus 0.04 available at 110% rental income cover. Other products include a 5.39% fixed until […]


News and expert analysis straight to your inbox

Sign up