View more on these topics

First And Last

Cammy Amaira, head of sales, Intelligent FinanceMy first mortgage was taken out in 1980 with Bradford & Bingley. It was for a third-floor flat in Aberdeen. We converted it into a two-bedroom flat with a kitchenette so small that when my wife was cooking, if I needed to get to the sink we would have to rub against each other. Great fun for newly-weds.

Several moves later we live in a converted coaching inn, built on three levels. The top level has three bedrooms and a bathroom and has become the domain of our kids who range in ages from 18 to 24. My wife and I aren’t allowed up there. We now have a huge kitchen. Draw your own conclusions as to what that means after 26 years of marriage and three kids.

Initially, our mortgage on the inn was with B&B but we’ve recently remortgaged to an Intelligent Finance offset tracker mortgage.


Ignore A&L warnings at your peril

I ignored the siren warnings and hit the rocks of Alliance & Leicester’s specialist lending unit, and I’d like to know if you’ve had a similar experience, says Sue Read


It was great to see swaps creep down for a change last week. They edged back after about four weeks of steady increases. Longer term swaps decreased sharply.

Alexander unveils charity initiative

Alexander Finance Services is launching an initiative that allows brokers to donate 1% of their proc fees to charity. The packager has set up the Red & Black Club through which it will donate 1% of its commission and brokers donate 1% of their proc fee for a case to charity. Paul Suchet, managing director […]


News and expert analysis straight to your inbox

Sign up