Praxis has added igroup to its lending panel, taking the total number of lenders to 23. Dudley Aldous, sales and marketing director at Praxis, says: “We are excited about bringing igroup on board and being able to add its products to those we already offer.”
Freedom Lending, the prime niche lending subsidiary of Merrill Lynch, has strengthened its underwriting and technical teams with four appointments:Neil Masey is a regional underwriting manager responsible for London, Essex and the South Coast. He was head of mortgage operations for Infinity Mortgages and was also an underwriting team manager with Preferred Mortgages.Geoff Atkinson is […]
Paragon Group has achieved record pricing on its latest securitisation, which closed last Thursday on 1.5bn.It says that this demonstrates international investors in the UK buy-to-let market.Paragon Mortgages is backed by prime buy-to-let mortgages and brings the Groups total issuance to 18.5bn.John Heron, managing director of Paragon Mortgages, says: The rousing success of our latest […]
Despite Gordon Brown increasing the Inheritance Tax zero rate threshold to £350,000 by 2010 last week, pundits say by not keeping it in line with inflation he is still deterring savers.
Catholic has released a one-year fixed product for new purchases and remortgages. The Issue 1 mortgage has a rate of 2.9% for the first year with a discount off the SVR of 0.75% in years two and three. The deal includes free valuations and free legals for remortgages.
The insurer UNUM has just published a new report on The Future of Employee Benefits, which makes an interesting read for anyone considering reshaping their existing remuneration package.
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