View more on these topics

Pink launches shared exclusive tracker

Pink Home Loans has launched a shared exclusive tracker product funded by BM Solutions.

This market leading product offers a rate of 4.24% (BBR 0.26%) for two years with no overhang.

David Copland, marketing director at Pink, says: “The rate of 4.24% is stunning, as it offers a very competitive rate up to 90% loan to value.

“Customers benefit with Bank Base Rate Trackers as any cuts to the bank base rate are immediately passed onto the borrowers compared to discounted products off standard variable rates. This rate will challenge the fixed rate products within the marketplace”.

Nick Triniman, managing director at The Mortgage Marketplace, says: “This is a fantastic two year Bank Base rate tracker.

“It will certainly be popular with brokers not only because of the 4.24% pay rate (BBR 0.26%) but BM Solutions lending criteria and online process is so slick.”


Call for SPASU to be banned

Paymentcare has called on the government to ban single premium accident, sickness and unemployment cover. This comes on the back of an appeal from Citizens Advice to the Office of Fair Trading to launch a probe into the multibillion pound payment protection insurance industry. Shane Craig, managing director of Paymentcare, says: “It’s no longer a […]

Gay FA is Young Business Person of the Year

Chris Morgan, managing director of Compass Independent Financial Advisers and Pink Investment, has been awarded the Barclays Young Business Person of the Year, at the Gay and Lesbian wards 2005.The awards were held on Friday September 30 at the Savoy Hotel In London, in front of a star studded audience. Notable Celebrities, including Cilla Black,Lulu,Kelly […]

TMW slashes rates on self-cert range

The Mortgage Works has made a number of significant changes to its self-cert mortgage range including substantial rate cuts and an LTV increase from 75% to 85% on several products. End dates have been extended to December 31. All changes are effective from September 29. The firm’s two-year fixed rate product has been cut from […]

Mortgage Times and TMB launch buy-to-let product

Mortgage Times and The Mortgage Business have launched a product to make it easier to obtain a buy-to-let mortgage.The self-cert house to house tracker has a pay rate of 4.99% and a reversionary rate of 1.79% above the Bank base rate.Richard Stokes, head of product development at Mortgage Times, says: This product is ideal for […]

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]


News and expert analysis straight to your inbox

Sign up