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Sub-prime deals

Guaranteed and Genesis Home Loans have launched a range of sub-prime products funded by Rooftop Mortgages. The exclusives are all two-year fixed products based on Rooftop’s core range, but with a reduction in the rates. There are seven products – six of which are residential and the seventh is a buy-to-let portfolio scheme.

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Complete appoints compliance monitoring officer

The Complete Network has appointed Alison Griffiths as compliance monitoring officer. Reporting to Bill Warren, Completes compliance director, Griffiths conducts compliance monitoring across the networks appointed representative member firms, combining site visits with desk-based monitoring using the home buyer systems compliance monitor facility. Griffiths is AFPC qualified, has twenty years experience in the financial services […]

TMW revises its lending criteria

The Mortgage Works has made several changes to its lending criteria with effect from June 3 including buy-to-let mortgages now available at 90% LTV. Rental cover is now based on pay rate for all fixed rate products, and on pay rate plus 0.50% for tracker deals. Rental income is now non-status to 70% LTV and […]

Moody’s upgrades Leeds’ credit rating

Moody’s has upgraded Leeds’ credit rating. Financial institutions use the rating to assess the credit risk of banks and building societies and their ability to meet financial obligations.Leeds was one of only two societies to receive an improved rating.According to Moody’s, the upgrade reflects the good financial performance of Leeds in recent years, particularly its […]

Voting begins for Pink Service Awards 2006

The voting lines are now open for the Pink Home Loans Service Awards 2006. The awards recognise service excellence in the financial services industry for lenders, suppliers and intermediaries.Intermediaries can vote for the lenders and suppliers they feel have delivered exceptional service over the past 12 months and the lenders and suppliers get to vote […]

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