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Link Lending chooses Phoebus software platform

Bridging lender, Link Lending, has chosen Phoebus Software to supply its loan origination and servicing platform.

Phoebus Software has produced a bespoke version of its software suitable for Link Lending’s bridging loan process, and further developments including online case tracking, decisions in principle, and KFIs are in the pipeline.

John Maclean, managing director of Link Lending, says: “We are among the first few bridging lenders to adopt a fully automated online approach and we believe that it will offer the time and cost saving benefits to bridging loan introducers that they have come to expect from lenders supplying long term mortgage loans.

“Link Lending’s approach is to use its staff to add value by person to person contact with brokers, rather than being tied up in loan administration that can be automated. In the bridging loan market more than any other, service is key.”


Newcastle unveils two products

Newcastle has launched two mortgage products. The three-year stepped discount deal offers an annual sequential discount from 3% to 1% on SVR until January 31 2010. The two-year fixed deal with extended tie-in has a rate of 1.80%.

Packager launched

Packager Trafalgar Square Solutions celebrated its official launch party last week at a gala event sponsored by edeus. Based in Wandsworth, south London, joint managing director Michael Franklyn (far left), formerly worked at BM Solutions and The Mortgage Operation. Franklyn says: “The event was a great success. All the brokers have worked with our team […]

Scarborough appointment

Scarborough has recruited John Jenkins as regional development manager to support its specialist lending brand. Covering the Midlands and South, Jenkins will build relationships between Scarborough and brokers, and raise awareness of Scarborough Specialist Mortgages as well as the society’s prime offering.


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