View more on these topics

Pink launches heavy adverse product range with 500 cashback

Pink Home Loans has launched a heavy adverse exclusive 1% discount product with 500 cashback, in association with Amber Homeloans Ltd.

The initial pay rates start from 5.33% discounted until October 31 2006, the products are available for both full status and self-cert applications with unlimited county court judgements and arrears. 500 cashback will be payable on completion.

David Copland, marketing director at Pink, says: “This product range offers intermediaries the opportunity to remortgage their clients with adverse credit on to a lower rate whilst benefiting from the 500 cashback to assist with associated costs.

Mike Perry, associate director-sales & marketing at Amber Homeloans Ltd, says: We are very pleased to be able to provide this range of heavy adverse products exclusively via Pink, with both packaged and direct options. Product options are available up to 85% LTV and no higher lending charge is payable.

The launch of this range further enhances the close relationship we have developed with Pink, established with the launch of the Parachute product.


Sturges joins Money Partners

Specialist lender Money Partners has appointed Bob Sturges as director of communications.Sturges joins the senior management team and reports directly to Colin Sanders, CEO.Sturges has oversight of all communications activity at Money Partners including media, corporate and public relations and internal organisation communications. He will also work closely with sales & marketing director, Adam Henry, […]

Legal & General adds products to online protection

Legal & General has continued to develop its e-business service with the expansion of its protection and general insurance products on its integrated quote and apply system, Online Protection. The product suite now includes the following products: * Family and Personal Income Plan, the family protection product with a monthly benefit.*Mortgage Payment Protection Insurance, providing […]

LIVE FROM JEREZ: Majority of brokers still uncertain of HIPs plans

The majority of intermediaries are still uncertain of their plans regarding Home Information Packs.A technology panel debate at Mortgage Strategy’s Mortgage Summit in Jerez revealed that while many intermediaries know what the packs will entail, few have an idea of the impact they will have on the market.See next week’s magazine for the full story.

SPML lauches sub-prime five-year fix with three year ERC

Southern Pacific Mortgage Limited has launched the first ever sub-prime five year fixed rate with a three year early repayment charge.This allows the applicant the ability, after three years of the fixed term, to remain on the fixed rate, to switch free of charge to a SPML LIBOR + margin product, or to refinance without […]


News and expert analysis straight to your inbox

Sign up