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Evaluate users have the Advantage on binding decisions

Brokers using Primrose’s Evaluate system will be the first to obtain binding decisions for Advantage’s specialist lending product range.

Jeremy Duncombe, business development director of Advantage, says: “Primrose and Advantage have res-ponded to an industry need and this is the first of several integrations we have planned. Evaluate is popular with brokers and networks so this is a great development for them and us.”

Advantage’s integration system allows brokers to obtain instant binding decisions along with lists detailing the information and documentation required to support applications.

Kevin Friend, strategic partnerships director of Primrose, says: “Primrose’s integration of Evaluate with Advantage shows its commitment not only to Primrose but also to originators that are prepared to invest in technology.”


Lawyers call for RSR index to be considered by lenders

Possession lawyers Moore & Blatch are calling for lenders to integrate the Land Registrys new Repeat Sales Regression index into lending decisions to minimise the risk of losing out should the property need to be repossessed.Moore & Blatch believe that, by using the data, lenders can protect themselves from losses if the property has to […]

Decorators refuse to leave

The Association of Residential Letting Agents has dismissed a case of decorators refusing to leave a property as uncommon and says this is not an issue that should concern landlords. Buy-to-let landlord Nita Bowers bought a 215,000 flat in London’s Poplar High Street two months ago. When she visited the property she noticed that two […]

Trafalgar Square Solutions launches second phase of invitations

Packager Trafalgar Square Solutions launched its second phase of membership invitations at a lunch in South London on Friday October 27, 2006. The event was exclusively sponsored by edeus and both Peter Charge, director of national accounts, and David Horsman, national accounts manager, attended along with some existing introducing brokers and 20 new brokers.Lindsay Hopkins, […]

Partnership extended

Kensington Group has increased its shareholding in Money Partners Holdings Limited from 20% to 57.5% following a successful first two years’ partnership. Kensington will pay an initial consideration of £13.1m for its extra stake and may pay a deferred consideration in 2009.


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