Mansfield has cut its rates on two mortgages. The rate on its two-year fixed rate deal has been slashed to 4.5%, while its three-year fixed rate mortgage has been reduced to 4.7%.
Luci Mylward has joined Mortgage Strategy as a reporter.Luci joins the 10-strong editorial team from Barclays Bank in Thame, Oxfordshire.She was previously at Sunderland University were she studied journalism.Luci says: “I’m really looking forward to making my mark in the mortgage industry. Having worked at Barclays for the past year I am aware of some […]
Scottish Widows has announced the appointment of Dr Norval Bryson as a non-executive director. Bryson spent the majority of his career at Scottish Provident, most recently as group finance director and deputy group managing director.Archie Kane, chief executive of Scottish Widows, says: I am delighted to announce Norvals appointment to the board. He brings with […]
Enterprise Finance has created a customised online application for clients to use on intermediaries’ own websites. Paul Rose, managing director of Enterprise, says: “This is a tantalising proposition for the busy broker. Enterprise does the work, the broker gets the procuration fee, the clients get highly competitive products – this is a win-win situation.”
Bristol & West and ABC International Bank plc have launched a buy-to-let mortgage for the UK’s two million Muslims. This is the latest in a range of home finance products offered by the two banks, designed specifically to comply with Islamic law (Shariah).While the product’s structure differs from conventional interest based mortgages to ensure compliance […]
We are living longer and retirees are no longer required to buy an annuity. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham explores how changes to pensions freedoms are expected to impact the demand for income. Click here
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