View more on these topics

Infinity Mortgages reduces application fee

Infinet, which can be accessed from September 30 via Infinity Mortgages website, provides brokers with the ability to produce accurate Key Fact Informations, source products, submit an online application, track cases and proc fee payments and submit a decision in principle request. The system is available 24/7 and provides user-friendly navigation and functionality.

Matt Gilmour, chief executive at Infinity, says: &#34Infinet is a state-of-the-art mortgage application system which enables brokers to trade effortlessly online. What&#39s more, it gives brokers the chance to get used to KFIs a full month before regulation is introduced on October

31.

&#34There is no doubt that on-line trading is the way the mortgage market will develop in the future and Infinet gives brokers an early opportunity to see what submitting on-line applications in a regulated mortgage market is really all about.&#34

Recommended

Bristol & West improves offset range

The specialist lender now has five standard offset loans available, in addition to offset mortgages for self certification and Buy-to-Let customers. The range ensures that there is an offset loan available to meet every possible need. A range of rates and terms are available, including, two year capped offset mortgage, 5.74% for term, capped at […]

KRS welcomes SHIP home reversions code

Colin Taylor, managing director of Key Retirement Solutions, says: “The code is great news for consumers. In the lead up to regulation of home reversions by the FSA, the code will strengthen consumer confidence by providing a more robust, tough advice and sales process which complements mortgage regulation. “The high calibre complaints board is a further sign […]

ARLA clarifies definition of B2L

While clarifying the definition of buy-to-let eight years after its inception, Robert Jordan, president of ARLA, says it is a private enterprise that fulfils the social need for choice in housing. He adds: “It is about fair returns and quality accommodation, not get-rich-quick schemes.” John Heron, chairman of the ARLA buy-to-let panel and managing director […]

Infinity to launch compliant KFI this week

From September 30 the KFI facility will be available on Infinet, the firm&#39s new online application system, although it will not be allowed to use the KFI and Financial Services Authority branding until M-Day, October 31. Infinity, a sub-prime lender launched only nine months ago, has been testing the KFIs, developed with technology support from […]