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Astra to deal with all N&P broker business

Astra Mortgages has been repositioned as Norwich and Peterborough’s intermediary brand.

As of March 10, all N&P’s broker business will be transacted through Astra, which launched as a specialist lender in June 2007.

Meanwhile, Astra has also launched its online point-of-sale system, POS-D. The system is based on the European credit risk framework Basle II and aims to offer brokers more competitive, risk-based offers within 15 minutes of case submissions.

John Malone, managing director of Premier Mortgage Service, says: “At a time when many lenders are not only withdrawing products but curtailing innovation too, it’s pleasing to see that Astra is bringing an innovative system to the market.”


PMPA and TMB launch self-cert exclusive

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MI launches exclusive with TMW

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Finance Finder joins Promise proposition

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