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Pink joins Bristol & West in tracker deal

Pink Home Loans has joined forces with Bristol & West Mortgages to offer a flexible deal that tracks the Bank base rate.

The product offers a current pay rate of 4.29% and is available up to 90% LTV.

David Copland, sales and marketing director at PHL, says: “This product enables borrowers to take advantage of the low interest rates and make overpayments on their mortgage to reduce the amount outstanding.”

Mike Lloyd, regional manager for B&W Mortgages, adds: “Bristol & West Mortgages&#39 easyflex mortgage allows an unlimited number of underpayments, overpayments and payment holidays free of charge.”


Rental incomes rise

Landlords&#39 rental incomes rose by almost 3% in July, with property prices increasing by over 5% despite downbeat housing market forecasts. The findings, from Paragon Mortgages&#39 July Buy-to-Let Index, suggest rental incomes increased by 2.79% since June, with an average property price increase of 5.54%. The survey suggests rental incomes rose at their fastest rate […]

Two senior appointments at igroup

igroup has appointed Greg Anderson and Pauline Langley to its senior management team. Anderson joins as the new director of quality, and Langley as customer relationship management leader. Both roles will reinforce igroup&#39s dedication to its customers and further advance service levels. Anderson joins igroup from GE Supply Mexico where he held the role of […]

Charcol targets first-time buyers with fixed rate deal

Charcol is offering borrowers an enhanced income mortgage deal, with a fixed rate of 4.19% (5.0%APR) until September 2 2008. The MIG-free deal carries a redemption penalty for the same period as the fix, but borrowers can repay up to 10% of the loan penalty-free each year. The deal requires a minimum deposit of 10% […]

CML appoints Scottish policy consultant

The Council of Mortgage Lenders has announced the appointment of John Breslin as its policy consultant in Scotland. The lender body has also launched the CML Scotland policy programme – Meeting the challenges for lending and housing in Scotland. Breslin has worked both in local government and as finance director with Scottish Homes before being […]


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