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Genesis Home Loans updates Freedom adverse

Genesis Home Loans has updated its Freedom adverse credit range, along with its Pathfinder, Prospector and Challenger products.

Interest rate amendments on the products have been made and new end dates have been given.

The Freedom range is a comprehensive &#39menu&#39 style sub-prime range that allows for CCJs, defaults, arrears, IVAs, bankruptcy and past repossessions.

The Pathfinder product is Genesis&#39s Home Loan&#39s non-status product that does not require clients to state an income on the application form.

Prospector is Genesis&#39s buy-to-let scheme, and Challenger is its &#39true&#39 self-certification product.


MIFAS launches buying club

Misys IFA Services (MIFAS), has announced the launch of its buying Club for the benefit of its members. The MIFAS Buying Club will provide members with access to discounted products and services for their businesses. It offers products and services from Insight (providers of computer hardware and software products), Parity (IT and management skills training […]

“Big 4” account holders leave in droves

More people are switching away from the Big 4 banks, new figures revealed by Which? Magazine reveal. They show that around 3.5% of the Big Four bank&#39s current account customers are set to switch in the next year. The rate of switching has almost tripled since the DTI carried out its research into switching behaviour […]

Right-to-buy will stay says government

The government has denied reports it is preparing to cancel the right-to-buy scheme for local authority tenants.John Prescott, deputy Prime Minister, has complained that discounts of up to £38,000 on purchase prices lose the Treasury money. Transfer of housing stock to the private sector also threatens targets for affordable key-worker housing.Labour is concerned about right-to-buy […]

Extended travel insurance sales boom

Sales of extended travel insurance policies are 50% higher for the first half of 2002 than in 2001, and 88% higher than in 2000, latest sales statistics from American Express Insurance Services reveal. The company attributes this huge increase to the growing trend of adults taking sabbaticals and planned career breaks. American Express also say […]


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