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71% Say web won’t speed home buying

Brokers have little faith in the wonders of modern technology, with 71% saying they doubt the home buying process can be completed in three days online.

Just 28% of Mortgage Strategy online readers believe the internet will cut turnaround times.

This week, Mortgage Strategy asks: “Would an open standards trading platform be cheaper for lenders than using sourcing systems?”

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Newcastle achieves FAST software award

Newcastle has become one of six financial services firms to achieve the platinum award of the FAST Standard for Software, ensuring the organisation is in control of its IT assets and legally compliant.Regular software audits ensure Newcastle has no illegal software on its PCs, and IT compliance demonstrates the organisation’s commitment to high standards. Newcastle […]

M2i adds three to its member base

M2i has launched three more relationships to their member base.The services of LifeQuote, Commercial Mortgage Solutions and Commercial Money Matters have been introduced to their members providing them with more choice and opportunity.Steve Butler, head of m2i, says: We opened discussions with these companies following feedback from our members. Listening to and acting upon their […]

Bad timing for SIPPs U-turn, says UCB

The property U-turn on self invested personal pensions is a classic case of bad timing, says specialist lender UCB Home Loans.It follows yesterday’s reversal to place investors buy-to-let properties into a SIPP. Keith Astill, managing director at UCB Home Loans, says the decision was a last-minute u-turn on an issue that was scheduled to come […]

Partied out and penniless

December has left me destitute. My piggy bank lies broken and empty, my lunchtime meal deal feels like an extravagant expense and I’m down to the Bountys in my box of Celebrations. But I won’t mourn my dearly departed pennies. Between buying gifts for loved ones (then deciding to keep them for myself) to treating […]

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