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C&G appoints head of strategy and research

C&G has appointed Piers McCleery to the newly-created position of head of strategy and research.

McCleery previously worked for the Boston Consulting Group and prior to this he worked at The Jardine Matheson Group where he had various management and strategy roles.

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Pink teams up with Platform on buy-to-let adverse deal

Pink Home Loans has teamed up with branded lending partner Platform to offer a buy-to let, adverse deal with a 2.45% discount, giving an initial pay rate of 6.05%. Clients are allowed up to 10 properties with a maximum total borrowing of £350,000 with Platform. Buy-to-let investors can also save £150 off the application/valuation fee […]

MEX gives e-access to offers

MEX says its system differs from other lenders&#39 in that it generates an electronic offer the instant a case is offered, saving intermediaries from having to wait days for a mortgage offer to arrive in the post. Following a pilot with packagers and brokers, electronic offers will be made widely available in the coming weeks. […]

Hamptons and Square Mile unveil tracker rate

Hamptons and Square Mile last week announced an exclusive tracker rate. The pay rate is 3.99% and it is Bank of England base rate less 0.51% for two years, then base plus 1.25% for the life of the loan. The rate contains early repayment penalties of 3% in year one and 2% in year two, […]

Brokers fear for lender&#39s service

The lender has reduced the number of LTV bands from three to two on all fixed rate and tracker products. New borrowers with an LTV of between 75% and 90% will now pay the same rate as borrowers in the 0% to 75% LTV band. Mike Fitzgerald, sales director at Brentchase Financial Services, says: “Nationwide&#39s […]

Navigating volatility

The making of any fund can be seen in how it responds to crises and opportunities. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham outlines how the Royal London Global Multi Asset Portfolios or GMAPs navigated through Brexit and the US election cycle. He also highlights the importance […]