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BM Solutions to fund Pink B2L exclusive

Pink Home Loans has launched an exclusive buy-to-let product funded by BM Solutions.

The deal tracks at base rate plus 0.39% for two years before reverting to base rate plus 1%. It has no early repayment charge and there is a maximum LTV of 85%.

Neil Hoare, marketing manager at Pink, says: “With no overhang at the end of the two-year period, this deal provides landlords with the freedom to continually assess their property portfolios to ensure they are getting market-leading pay rates.”

Iain Williamson, head of key accounts at BM Solutions, adds: “This is a great product and will be popular with brokers and buy-to-let investors.”


Inducement fears force West Brom draw U-turn

West Brom for Intermediaries has made a U-turn on the terms and conditions of its Trigold prize draw because of concerns it might offer an inducement. But BM Solutions, which is running a similar competition with the sourcing system’s E-Trading Centre, is sticking to its guns and not revising the rules of its prize draw to win a ride in a jet fighter in the US.

Affirmative and The Mortgage Force launch bridging venture

Bridging lender Affirmative has linked up with The Mortgage Force to support its growth in the bridging loans market.The Mortgage Force has a referral arrangment with Affirmative which means that Affirmative’s bridging loans will be available to the whole of its franchise network.Paul Rumbold, marketing and sales director of Affirmative, says: “There is real synergy […]

Debt specialist changes its name

Compass Finance Group, the debt solutions specialist, has changed its name to The Debt Advisor Group. The name change was approved by shareholders at the company’s annual general meeting on February 23 and has been implemented to reflect more accurately the products and services provided by the group.

Recognise talent

Staff retention is a problem for many firms and one solution is to offer more opportunities for career development, says Christine Toner


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