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Broadband great news for brokers, reveals BMS

BM Solutions has today welcomed the news that the broadband market is growing at a phenomenal pace.

According to the Office of Communications statistics, 4m connections are in place and around 40,000 new ones are being made each week.

Consumers are rapidly realising the benefits of broadband technology and are not slow in moving forward towards online services. Likewise, more than 85% of BM Solutions&#39 brokers submit business via BM Solutions Online.

Carla Lavender, public relations executive at BM Solutions, says: “It is clear by the release of today&#39s figures that more and more consumers are realising the benefits of online services. More than 85% of BMS&#39s brokers currently use BM Solutions Online and as broadband becomes more widespread the expectation is that this impressive growth will continue.”


Boom squeezes out Welsh FTBs

Wales has seen the biggest house price increases in the UK over the past 12 months, making property increasingly unaffordable for first-time buyers. Swansea has done particularly well, with 55% property price growth between April 2003 and April 2004, based on Halifax figures. A former council house in Swansea sold for a record £260,000 at […]

Platform sheds sub-prime image

A boom in buy-to-let and self-cert is changing Platform&#39s traditional reputation as a sub-prime lender. Following Platform Home Loans&#39s merger with buy-to-let and self-cert lender Verso in Febuary last year, applications have boomed from £800m to £3bn completions a year. Although 45% of the total business is still sub-prime, buy-to-let and self-cert now form 30% […]

1st Software joins AMI

1st Software has become an affiliate member of the Association of Mortgage Intermediaries. From July 1, all users of 1st&#39s Adviser Office system will be eligible to receive a 10% discount on AMI membership charges. This offer is open to both existing and new users of the Adviser Office system. Nick Berry, channel manager of […]

BMS aims to show how online services can help

BM Solutions has launched its &#39Owl&#39 campaign, which aims to highlight the role of online services in meeting the compliance burden The company says it is one of the few lenders in the market to have announced its plan to offer a fully compliant and guaranteed KFIs. The campaign, which includes advertising and direct mail […]


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