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Crown appointed by 5D Finance

5D Finance has appointed Crown Mortgage Management as its servicing partner.

5D Finance will continue to process applications in-house through to completion. Crown will administer completed 5D Finance mortgage loans, working with 5D Finance through the securitisation process and thereafter.

Keith Howard, chief executive of 5D Finance, says: Crown has experience, advanced and flexible systems and, most importantly, a solid understanding of managing securitised portfolios. We have ambitious targets and believe that there is considerable potential in the commercial market. Crown will be a strong partner to work with us to develop our business.

Julien Holmes, managing director of Crown, says: We are delighted to be working with 5D Finance. It has a compelling proposition in a slightly different market to our existing clients and is looking for strong growth. We genuinely believe we can add value to its business.


Intermediaries pessimistic about green plans

A survey, by UCB Home Loan shows that 67% of intermediaries believe that the UK will not be able to achieve its target of making all new homes carbon neutral within the next 10 years.Less than thirty homes in the UK are currently carbon neutral, but the government wants all new properties to fall into […]

Four IVA probe firms named

The Advertising Standards Authority has named four individual voluntary arrangement firms it is investigating over their advertising claims.

Halifax reveals 281% rise in Stamp Duty

Halifax estimates there has been a shocking 281% rise in the number of home sales in England and Wales attracting a 3% rate of Stamp Duty in the past five years. The number of properties priced above the £250,000 threshold at which a 3% rate of Stamp Duty is levied has increased from 73,403 in […]


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