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Positive names head of commercial lending

Master broker Positive Lending has appointed Glenn Codd as head of commercial lending.

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Tesco to make further inroads into housing

Tesco plans to expand its house-building services with the construction of four developments in the South-East. It is reported that the supermarket also has plans to build homes, shops and leisure developments in Ipswich and the North-East.

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Sourcing system may help brokers compete with comparison websites

An IFA has teamed up with Capita Financial Software to launch Mortgage 27, a sourcing system for brokers’ websites. James Sadler, who has worked as an IFA for 15 years, says he created the system to help brokers compete against similar systems from supermarkets and large retailers. The system is designed to sit on a […]

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Strategy scoops top writing gong

Mortgage Strategy emerged a winner at the prestigious Headlinemoney awards at the London Hilton hotel in Park Lane last week. Mortgage Strategy’s online editor Natalie Martin (pictured, second from left) scooped trade mortgage writer of the year while editor Robert Thickett was highly commended and awarded second place. Attended by the creme of the financial […]

Mortgage approval total edges up

A total of 34,905 mortgages were approved in April, up slightly on March’s 33,360, figures from the British Bankers’ Association reveal.The average value of house purchase approvals was £146,100 – 11.8% higher than a year ago. Banks also experienced a 4.5% annual growth in net mortgage lending, substantially exceeding annual growth of just 1% across […]

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