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Inhouse offer facilities from Guaranteed HomeLoans

Guaranteed HomeLoans has launched inhouse offer facilities with lending partner GMAC-RFC.

John Howard Smith, director of Guaranteed HomeLoans, says: “We are excited to be able to offer this added benefit to our introducers. Having complete control on the whole process, up to and including completion, will not only give us an added edge with our competitors, but further goes to prove our strength and standing with our lending partners.

With the continued development of our network services, in house offer facilities form a big part of our strategy going forward and can only help tempt potential ARs to us.”

Beverly Morris, head of GMAC-RFC&#39s Platinum Partners remote processing, says: “We are pleased to welcome Guaranteed HomeLoans as a remote processor. We have a long standing relationship with them and know that by being able to control all of the mortgage process this will only enhance the service they are able to provide.”


Zurich appoints Connells as panel manager for surveys and valuations

Zurich has appointed Connells as its panel manager for all of its survey and valuation instructions as part of its major drive to support its industry proposition for mortgage brokers, financial advisers and estate agents. Zurich&#39s aim is to provide significant added value to independent estate agents with surveying practices. This will allow a reciprocal […]

Base rate rise could result in extra £1.8bn interest payments

A 0.25% increase in the Bank of England base rate will result in an extra £1.8bn a year in mortgage interest payments – or £152.3m a month, Sainsbury&#39s Bank says. The bank calculates that a client with a £150,000 interest only loan and paying a typical high street lender&#39s SVR of 5.5% would see monthly […]

Keys to the door

Many first-time buyers might be being priced out of the housing market but one group has won more public and government sympathy than the rest – key workers. They even have their own £250m government-funded scheme, the Starter Home Initiative, which aims to help around 9,000 public service employees get a foot on the housing […]

We are having to interpret the FSA&#39s rules ourselves

From Chris BishopI sympathise with John Helliwell (Mortgage Strategy October 20). The answer to his question is on the Financial Services Authority&#39s website and I recommend that he studies it. This is not a course of action for the faint-hearted as the website will certainly never win any awards for plain English, although it makes […]


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