View more on these topics

igroup enhances first mortgage range

With immediate effect, employed customers selecting products from igroup&#39s GEM 0 and GEM 1 range will be able to borrow up to 95% of the property value subject to status.

Other key features include:

* No higher lending fee payable by the customer.

* Available on tracker, fixed and discounted products.

* Satisfied CCJs ignored.

Sean Webb, chief commercial officer at GECF Home Lending, says: “Following its re-launch in April 2004, igroup&#39s GEM range has received a terrific response from supporting introducers.

“Applications and completion numbers are both running at record levels, keeping the business well on track to record its best lending year ever. These simple but transparent enhancements will ensure the GEM range remains highly competitive and a first choice product for introducers and customers alike.”

Recommended

Forrester Research to hold Financial Services forum

The main theme of the event will be keeping customers happy without breaking the bank. While business and marketing executives are struggling to understand, serve and satisfy their ever more demanding and fickle customers, IT executives are faced with outdated technology platforms and limited budgets. At this Forum, Forrester Research will mix strategic and tactical […]

On the beat

Marketing to your existing customers can mean years of repeat business without the expense of major lead acquisition campaigns. Lead generation campaigns can be heavy in the use of both financial and human resources. The Financial Services Authority has laid down a series of strict rules that control communications with existing clients and new prospects. […]

Homefast joins PTI Mortgage Club panel

PTI members will be able to recommend the fast, efficient service provided by homefast to their clients and in return will receive a referral fee. PTI Mortgage Club members will benefit from faster completions, fixed fees, no completion no legal fee, secure online case tracking and extended opening hours. John Brian, partner in homefast property […]

Monthly house price growth slows to two and a half year low

Nationwide also thinks that the interest rate cycle could be close to a peak, but energy price rises could equate to a further quarter percentage point on mortgage rates for households with £100,000 mortgage. The forecast for house price inflation in year to December 2004 remains at 15%. Alex Bannister, Nationwide&#39s group economist, says: “Price […]

Newsletter

News and expert analysis straight to your inbox

Sign up