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Business up 45% at Heritable Bank

Heritable Bank has reported a 45% rise in mortgage business in its 2006 results. It has also declared a 40% increase in assets to £877m.

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Care required as sub-prime booms

The sub-prime market is booming and this trend looks set to continue. This is partly because the provision of specialist lending is well suited to the changing nature of social and economic conditions.

Hearnden adopts My Mortgage Direct as AR

Hearnden Associates has adopted My Mortgage Direct as an appointed representative following its departure from network Sesame.On January 2 2007, Hearnden Associates dissolved its ties with Sesame and became directly regulated by the Financial Services Authority, allowing the firm to offer clients a wider range of services and secure exclusive deals from lenders.Cath Hearnden, director […]

PACKAGING SUMMIT 2007: Packagers slam sourcing systems

The packaging community has given sourcing system Trigold and Mortgage Brain a vote of no confidence, claiming that their systems are not up to the standard they require.When asked whether either sourcing system was a useful tool in the packaging process, every packager at this year’s Mortgage Strategy’s Packaging Summit conference voted against both, calling […]

Em- appoints BDM for Ireland and Scotland

Em- has appointed a business development manager for Ireland and Scotland.Helen Connor will be based in em-s Scottish office and will support field based BDM Linda Grant for the same area. Connor will both be focussing on managing broker accounts, providing a customer service function and helping brokers with their revenue streams.Roger Morris, managing director […]

A guide to auction finance in 2017

By Matt Tooth, chief commercial officer, LendInvest Over the coming weeks, property auction houses across the country will begin sending out their catalogues to prospective buyers in time for the first auction series of 2017. It’s an exciting time for investors, well aware of the opportunities the properties on the lot sheets offer them and […]