Broker to feel heat, courtesy of TMO

Nick Triniman of The Mortgage Marketplace, Salisbury, is the winner of The Mortgage Operations’ prize draw for a 2,000 holiday to anywhere in the world.

Triniman was picked at random from brokers who entered TMO’s online sub-prime survey via Mortgage Strategy in July.

Triniman says: “Escaping a cold UK Christmas is now a possibility.”

Alex Forrester, managing director of TMO, presented the prize recently and says: “Our survey proves there is a demand for differing types of sub-prime products and with Victoria Mortgages we are well placed help Triniman and others place more of their sub-prime deals.”

In the survey, 78% of respondents said they expected to write sub-prime business by the end of this year, with 55% dealing with non-standard properties. And 76% of respondents received sub-prime business wherein applicants wanted more than 3.5 x joint income.