View more on these topics

Select Partnership joins forces with DB Mortgages

The Select Partnership is launching a shared exclusive product, limited to four packagers with DB Mortgages.

Select can now offer a 0.1% reduction off all DB’s two-year fixed rates across their entire range from Residential Light to Unlimited 2.

Dave Gould, business development director for The Select Partnership, says: “We have worked very closely with DB Mortgages since they launched in the spring. We were privileged to have had exclusivity at inception testing their products through our distribution and we now number DB as one of our most highly respected lenders.

“DB are completely revising their product criteria making their offering even more competitive, by ignoring all defaults, increasing CCJ limits and reducing the number of months before they can be ignored; even income multiples are increasing to 5 x main income.

“By extending this new facility to us we have reaffirmed a highly productive relationship which can only be beneficial to our introducers and their mortgage clients.”

Recommended

Survey shows brokers want client arrears data

Accord Mortgages has released results from its broker survey showing that 85% of brokers want to receive client arrears statements from lenders.In September it was revealed in Mortgage Strategy that the lender was investing research into a service that will help brokers retain clients by providing them with copies of mortgage statements when clients fall […]

Dodgy sub-prime ads a sign of wider problems, says FSA

The Financial Services Authority says sub-prime mortgage brokerages who distribute poor advertising and promotional materials are also failing to have adequate systems and controls in place to manage their businesses.Over the past year, the FSA has been working with mortgage firms to improve the standards of their advertising and other promotional materials. It has reviewed […]

DCLG approves RICS for HCRs

The Department for Communities and Local Government has approved Royal Institution of Chartered Surveyors to regulate those members who wish to carry out home condition reports as part of the government’s proposed Home Information Packs.Steven Gould, RICS director of Professional Regulation and Consumer Protection, says: “We are delighted to be able to provide this new, […]

RICS comments on BBA mortgage figures

Milan Khatri, chief economist at the Royal Institution of Chartered Surveyors welcomes the findings by the British Banker’s Association into the housing market.He says: “The British Bankers’ Association figures show that underlying mortgage activity remains strong with few indications that higher interest rates are biting. These figures confirm reports from RICS members that housing demand […]

employee-focus-group

Five ways to make your employee focus group session a success

by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]

Newsletter

News and expert analysis straight to your inbox

Sign up