View more on these topics

Freedom joins BDS’ lender panel

Freedom Lending has joined BDS Mortgage Group’s lender panel, bringing the number of lenders on the packager’s panel to 27.

Brokers and satellite packagers who register with Freedom via BDS will be able to access its product range including exclusives negotiated by the Professional Mortgage Packagers Alliance.

Freedom’s product features include affordability calculations, no credit scoring, self-cert up to 90% LTV, base rate tracker deals and fixed rate options.

Phil Jay, managing director of BDS, says: “We are delighted to be adding Freedom to our lender panel as we know there is an appetite for its services among our appointed representative and directly authorised brokers.

“We see it as a growing force in the intermediary mortgage market and I am confident we will see good business results.”

Mel Bignall, packager relationship manager at Freedom, adds: “We are pleased to have been appointed to BDS’ panel of lenders. We feel BDS is a partner that fits particularly well with our product and service offering.

“We are providing an onsite underwriting facility from day one to en-hance our service proposition. We look forward to working closely with BDS to maximise the opportunities this panel appointment will bring to both organisations.”


Equity release key growth area, says Pru

Almost a quarter of advisers expect equity release products such as lifetime mortgages to be a key area for growth over the next five years, says Prudential.The Prus annual adviser opportunity survey reveals four in 10 advisers say their clients biggest worry is that they have not saved enough.For over a half of advisers, retirement […]

Mixed response to social problem

A review of housing has called for councils to provide more housing in areas where there are higher earners and more help for social tenants to buy their own homes.

Lib Dems warn on housing market

The Liberal Democrats have warned that world stock markets may not be stable enough to support the UK housing market if it were to slow or turn. Shadow chancellor Vince Cable says the economy is precariously dependent on confidence.


News and expert analysis straight to your inbox

Sign up