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KGB offers free vals

KGB Packaging is offering free valuations on all Mortgages PLC’s standard mortgage products, with the exception of buy to-let deals.

Rachel Bancroft, managing director of KGB packaging, says: “We are delighted to make this valuable benefit available to brokers that introduce their Mortgages PLC cases via KGB Packaging.

“A free valuation can represent a substantial cost saving to the end customer, and should prove to be a valuable marketing incentive with which brokers can attract incremental business.

“We believe that offering excellent customer benefits, such as this free valuation, is one of the ways that packager-distributors can deliver added value to brokers, and are confident of a good response to this special offer.”

Pete Thomson, sales director at Mortgages PLC, says: ”There is now widespread recognition that packagers play a valuable role as volume distributors of mortgage products, and we believe that true partnerships with the right packager firms will result in significant mutual business benefits.

“Mortgages PLC and KGB have worked together to provide this additional cost-saving benefit, enabling customers to save potentially hundreds of pounds on their valuation fees.”


Finance arm rebranded

Spicerhaart has rebranded its financial subsidiary Mortgages Direct to Spicerhaart Financial Services. The renaming will bring the organisation into line with the company’s estate agency branches. The financial arm will continue to operate within the 250 branches, adopting the branch name from each of the brands – haart, Felicity J Lord, SpicerMcColl or Darlows.

Accord expands credit repair offering

Accord has expanded its credit repair product range with two-year fixed rates that come with free valuationAccords offering now includes full-status and self-cert options from its near prime plus to its Unlimited range. Its current range includes fixed rates from 5.55%, fixed rates with free valuation up to 470, tracker rates from 5.45%, and five-year […]

MEX launches self-cert at 5.99%

Mortgage Express has launched a two-year self-cert product fixed at 5.99%.It has also cut rates on existing products by up to 35 basis points.The two-year fixed self-cert has an arrangement fee of 999, and isavailable at up to 90% LTV.MEX has also repriced its three-year fixed rate self-cert at 5.44%. The product, which has an […]

Preferred unveils one-year fix

Preferred has released a one-year fixed rate mortgage product. The new product has no extended tie-in and is available throughout all sub-prime levels with rates from 6.09%. It is available up to 90% LTV. Roger Taylor, director of sales and marketing at Preferred, says: “With no early repayment charge after the fixed period, this makes […]

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Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


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