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Experts to sharpen em-‘s business

Em-commercial has appointed a team of experts to bolster its commitment to commercial lending. The team, comprising bankers and administration experts, has a mandate to improve em-‘s processes.

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Paragon says rents up 4%

Average rents have risen 4% during Q1 and 12% over six months to reach a new record of more than £1,000 per month, says Paragon Mortgages.

Gross lending by mutuals drops £1.8bn

Gross lending by building societies fell £1.808bn to £3.631bn in March 2008 compared to £5.439bn in March 2007, new figures reveal.

MfB boosts staff numbers

Mortgages for Business has increased the number of staff in its business-to-business operation. Mike Freeman, who previously worked for Mortgage Trust, has been appointed to manage MfB’s technical desk and deal placement team.

Lenders should hike not slash proc fees

Tightening criteria, direct-to-consumer product ranges and lenders considering proc fees cuts – there’s been a lot for brokers to contend with recently.

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