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Unity launches near prime range

Unity Homeloans, the lender created by intermediaries to serve the needs of intermediaries and backed by Investec, has launched a near prime range.

It includes lower rates for £1,000 County Court judgements, discounts on two-year tracker rates, status and self cert and LTVs up to a maximum 90% with rates from 6.19%

Ian Nelson, chief executive of Unity Homeloans, says: “We have always aimed to extend our product range to incorporate near prime.

“It is important that Unity is seen to innovate on a continual basis and offer competitive products and top quality service for the sub-prime market.”


Lib Dems warn on debt distress

The Liberal Democrats have hit out at the government’s lack of control over the nation’s increasing debt problems. Vince Cable MP, shadow chancellor for the Lib Dems, says: “People are desperate to seek advice and a way out of their debt problems. With interest rates likely to rise, this debt distress is bound to intensify.” […]

17.3m people locked out of housing market, says Abbey

Abbey says a whopping 17.3 million people cant get on the property leader, with 7.4 million citing house prices as the primary reason.Research from the UK bank shows that other barriers to buying a house include 6.9 million people saying they are unable to afford the deposit, 3.4 million who stating theyre waiting for house […]

LMS reports success of packager service

The new remortgaging service developed specifically for packagers by LMS is proving to be a success, with more than 13 packagers already signed up.Packagers who have signed up to use the LMS system include AToM, Clear Mortgage Administration, Just Mortgage Packaging, KGB Packaging, Mortgage 1, Mortgage 2000, Mortgage Bureau (UK), Mortgage Next, Niche Mortgage Solutions, […]


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