View more on these topics

2,500 advisers sign up to Mortgage Alliance

Mortgage Alliance, the Scottish Mutual and Scottish Provident Mortgage Club, has signed up over 2,500 members and placed over £1.5bn with mortgage lenders since launching two years ago.

The Alliance, which was set up in March 2000 by Scottish Mutual, has also linked up with Bristol & West, Cheltenham & Gloucester and Mortgage Express.

Mark Evans, national mortgage manager, says: “Mortgage Alliance is growing at a fantastic rate. We now have over 2,500 members registered and the business is growing every month. Last month our members placed over £150m in mortgage business. In the first half of 2002 the number of members had doubled and business trebled, confirming that Mortgage Alliance has established itself as a serious player in this market.”

Recommended

New rates for Mortgage Express sub-prime range

Mortgage Express, the specialist lending arm of the Bradford & Bingley Group, yesterday announced a range of new pricing deals on its Clean Slate sub-prime mortgage range. Clean Slate is available to all customers who can provide a clean 12-month credit history and it offers the following rates: • 4.99% discounted rate – applies for […]

EXCLUSIVE: BRITANNIC LAUNCH INTO SUB-PRIME

Britannic Money launches its first assault on the sub-prime market today. Mortgage Strategy online can exclusively reveal that the current account mortgage specialist is targeting the light, medium and heavy adverse credit sectors with its Flexible REStart Homeloan.Initially funded on balance sheet all products track LIBOR (currently 4.21%) for the life of the loan and […]

Lenders should control data

From George DoddsSourcing systems will always be the fallguys for mistakes unless lenders are responsible for the data provided.We took a conscious decision not to use any of the established sourcing systems because the accuracy of data is a big issue for us. We developed our own in-house system, Mortgage Pro, which each of our […]

Sun Bank enhances new product range

Three months after Sun Bank launched its new product range, it has further developed its offering to mortgage brokers. The Standard, Standard Plus, Buy-to-let, Self-certification and 100% mortgages are the products which have been enhanced. The new range includes; a five-year fixed rates starting at 5.99% on the Standard mortgage, 6.14% on Standard plus, 6.24% […]

Why your clients need some tough love

In any relationship that matters, professional or personal, you should be upfront with someone if you think they’re making a decision or doing something they might later regret. Being honest with someone and having their best interests at heart, however hard the message, is key to building trust in any relationship. So how does this […]

Newsletter

News and expert analysis straight to your inbox

Sign up