Ms Wood is a systems analyst living in Manchester. She graduated in 2000 and immediately joined a large utility firm on its accelerated management programme. Her income is £22,000 per annum with no additional bonuses. This will rise as she progresses. Ms Wood wants a mortgage on a £105,000 flat in a redevelopment in Manchester city centre. She has no savings and has accumulated £7,000 of student loan debt.
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Housing minister Lord Rooker has declared that the government will do what it can “to push the idea of flexible mortgages”.Speaking last month at Prime Minister's Questions, Lord Rooker pointed out that flexible mortgages represent a rapidly growing share of mortgages in certain sectors of the market, particularly among those in the A-B economic class […]
Royal London has chosen Mortgage 2000 as its mortgage sourcing partner, as the company upgrades its mortgage service. The Royal London deal includes an electronic mortgage sourcing system, an electronic illustration service and full electronic trading system which will deal exclusively with Mortgage 2000's panel of 35 mortgage lenders. To complete its mortgage offering, Royal […]
Skipton Building Society is the latest addition to the Pink Home Loan's direct lender panel,which now means that there are a total of 32 lenders on panel. Members of Pink Home Loans can now access the full range of mortgages offered by theSkipton through direct access to the lender via the Pink Mortgage Club or […]
I was talking to a mortgage broker in the North East. It was a large office with a good frontage onto the street, although admittedly not in a prime location. And he was on his own – doing everything from advising prospects off the street to handling referrals from local estate agents, to chasing mortgage […]
Research from Jelf Employee Benefits and retirement workshops specialist LaterLife Learning shows that one in two employers could offer their older workers greater remuneration flexibility so that they can benefit from the new Freedom of Pensions rules.
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