View more on these topics

L&E to provide title insurance to Blemain Group

London & European has been appointed by Blemain Group to provide its new lenders all-inclusive title insurance offering to the Blemain Finance, Cheshire Mortgage and Lancashire Mortgage portfolios.

Tracey Bailey, group underwriting operations director at Blemain Group, says: “We have developed a reputation as an innovative and flexible lender and were continually looking at how we can enhance our products and services. L&Es all-inclusive title insurance policy for lenders does just that, adding a new level of security to protect our portfolio across the board thus enabling us to accelerate the post offer to completion time, which means customers and brokers will experience an improved service and greater certainty that the mortgage or loan application will proceed to completion.”

The policy promises to provide the certainty, assignability and clarity missing from competing offerings, as well as L&Es six month cure or pay guarantee.

Christian Bearman, business development director at L&E, says: “Our policy provides a guarantee rather than simply an indemnity, giving lenders access to an innovative application of title insurance. Blemain Group can now combine the upstream benefits of speed and simplicity that title insurance has traditionally offered, with the downstream benefit of guaranteed security of its portfolios.”

Recommended

Character assasination is more fun than mortgages

From Alan Lakey I do like it when this august organ veers away from the dry and often tedious world of mortgages across to sledging and character assassination. Who needs Ricky Hatton when we have this? Alan Lakey

Brokers could win 250 for their HIP feedback

Intermediaries could win themselves 250 by offering feedback on Home Information Packs for Pink Home Loans’ eighth Pink 1000 Index Survey. The survey runs from November 24 to December 2 and intermediaries taking part in the survey will automatically be entered into a prize draw to win 250 worth of vouchers of their choice. The […]

Solent reports broker interest in shared ownership product

Solent Mortgage Services, the national branded mortgage arranger, has reported great interest from mortgage brokers in its shared ownership product through Trafalgar Homeloans, SMSs partnership with Preferred.The product, which allows up to 100% borrowing if the clients share is between 50% and 75%, is available for purchase and remortgage, both full status and self-cert at […]

Standard Life launches Group SIPP

Standard Life has become the first major insurer to launch of a group self invested personal pension. The SIPP has been designed to take advantage the opportunities arising from pensions simplification and is particularly relevant to employers who are intending to review their scheme arrangements in advance of A-Day on April 6 2006. GSIPP will […]

Newsletter

News and expert analysis straight to your inbox

Sign up