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Pink launches fixed rate self-cert product

Pink Home Loans has launched a fixed rate self-cert product funded by Platform.

The product offers a fixed rate of 4.95% until March 1 2008 up to 85% LTV, with 0.25% cashback and no early repayment charge overhang or higher lending charge.

Nic Ekin, lender relationship manager at Pink, says: “This exclusive self-cert rate of 4.95% fixed until March1 2008 is fantastic and has a 0.25% cashback, which will benefit clients who are either purchasing or remortgaging a property.”

Ian Harris, director at Harris Begley, adds: “This market leading deal will be ideal for customers who require an attractive rate but want the added benefit of a cashback. I have always found the application process to be smooth when dealing with Pink.

“There is a Platform underwriter based at its offices and this gives me peace of mind, as I always want my clients to receive the best service available.”

Paul Hunt, head of marketing at Platform, says: “We are delighted to offer such an attractive product via Pink giving borrowers not only a sub 5% rate but also a 0.25% cashback as well.

“Our experience shows that intermediaries prefer two-year fixed rates more than anything else in the self-cert market at present and so we expect demand for this product via Pink to be high.”


Focus announces strategic partnership with Dashboard Software

Focus Business Solutions, a provider of customer management solutions to the financial services market, has announced a strategic partnership with Dashboard Software, to deliver a suite mortgage technology solutions helping to further streamline the sales process.The partnership combines the technology expertise and industry knowledge of both organisations to provide a number of technology solutions for […]

UCB launches two-year tracker

UCB Home Loans, the specialist lender of Nationwide, is broadening its self-cert mortgage range with the introduction of a two-year tracker with no early repayment charge on Monday October 31 2005. The product will be priced at Bank of England base rate plus 1.29%, giving a current rate of 5.79%.On the same date, the lender […]

Infinity update

Infinity Mortgages has made significant improvements to its lending criteria with higher income multiples. Customers can now benefit from main income multiples raised to 4 x, joint income multiples raised to 3.5 x, and buy-to-let LTV raised to 85%.

Origen mortgage team signs up for CeMAP qualification

Advice and distribution firm Origen has become the first company to sign up its entire mortgage team for the Institute of Financial Services advanced mortgage advice qualification Advanced CeMAP.The seven-strong Origen mortgage team, headed by Wayne Gibbs, was formed in February 2005. Its team of mortgage brokers are spread across Origen’s branches in London and […]


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