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Pink Home Loans launches self-cert deal with Platform

The product offers an initial pay rate of 5.24%, tracking the Bank of England base rate plus 0.74% for three years, and offers £250 cash back.

The product is available to first time buyers with up to 85% LTV.

The product is available to Pink premier and mortgage club customers and offers 0.65% broker commission.

Key selling features include £250 cash back, broker commission of 0.6% and £100 off the application/valuation fee for loans over £150,000 on packaged submission only.


PMN urges potential ARs to check network credentials

The Professional Mortgage Network is urging mortgage advisers who are seriously considering becoming appointed representatives to thoroughly check out the credentials of a network prior to becoming a member. In an attempt to help the intermediary community establish the strength and credibility of the many network propositions, PMN last week launched a Mortgage Network Healthcheck, […]

Doubt over lender price indices

This claim follows research on whether the performance of a football club affects prices in the local area. Leeds fans will be pleased to note there is no direct correlation, but there is a serious point to the research. Figures for the North-East demonstrate the shortcomings of indexation in underwriting deals. If you use the […]

Fees proposal will expose networks as money machines

From Michael NorwoodI would like to make any brokers who are intending to go for direct authorisation aware of an important consultation paper, CP04/9, to which the FSA is inviting responses. This paper is proposing that any brokers who fall into the minimum income bands in both mortgage and general activities, i.e. under £100,000, are […]

Advantage Mortgage Services merges with lending arm

Advantage Home Loans will be launched on July 1 with a new logo, corporate identity and improved website. The company aims to deliver the best packaging and lending service under one brand. Itsbranded range of products will continue to be promoted on both Trigold and Mortgage Brain sourcing systems under Advantage. Peter Bass, head of […]


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