c2 financial has extended its cashback offer to Victoria Mortgages’ heavy adverse range as well as to Mortgages PLC’s entire range, excluding near prime.The increase in broker proc fees to 1.25% with the addition of a 0.75% customer cashback and free valuation now extends across SPML, GMAC-RFC, Victoria and MPLC. c2 financial intends to extend the incentive to more sub-prime products over the next two to three months. It will be available on new applications received after the November 10. It has boosted its number of employees by nearly 10% and now has over 100 staff. Recent appointments include David Purling, who joins the compliance department as internal auditor. He was previously employed by Lloyds TSB and Co-op Financial Consultants. Charlotte Ball also joins from GMAC-RFC as a business development manager in the secured loans division, and Sarah Wild joins from Solent Mortgage Services as the latest addition to c2’s team of mortgage BDMs. David Wylie, managing director of c2, says: “We take the issue of recruiting staff seriously because we are determined to maintain a low cost base. “But rising business volumes, in particular record new business months in September and October, made it essential for us to increase staff numbers.” He adds: “We plan to recruit more BDMs to cope with the demand for our products. There is no doubt we are achieving one of our major goals in increasing our market share.” Pink in the pink as it raises money for charityThose charitable folk at Pink Home Loans were in the pink on October 28 as they raised money for Breast Cancer Campaign. The team raided their wardrobes for the BCC’s annual ‘Wear it Pink’ day and raised 100, which will help fund research into breast cancer. Mortgage Strategy is also tickled pink to announce it raised over 60 for BCC. Pictured, top row: Janet Johnson, Katherine Hemmings, David Copland. Middle row: Pippa Phillips, Louise Hall, Linda Schofield. Front row: Kelly Hadley, Ian Merriman.
A survey has reveal a widespread lack of knowledge amongst estate agents about the governments Homebuy scheme, designed to get first-time buyers onto the property ladder by purchasing a home on the open market in certain areas for 75% of the asking price.While many of the estate agents questioned were aware of shared ownership, over […]
Dashboard Software is to launch a branding and associated website at the Mortgage Business Expo London.Dashboard Software will be launching the new version of Dashboard plus additional associated services for the mortgage intermediary market place. To pull the services together under one banner, Dashboard Software will relaunch with a new look and website at Mortgage […]
Media magnate Rupert Murdoch’s News International and Australian website Realestate.com.au last week jointly bought UK property portal Propertyfinder.com. The two firms purchased 95% of Asserta Holdings – which owns Propertyfinder.com – for 14.3m. The new owners say the deal means Propertyfinder.com and its customers will benefit from the skills and capabilities of News International as […]
Over half of landlords and letting agents polled on the Local Housing Allowance Pathfinders scheme say it has made them less likely to want to let to Housing Benefit tenants. Awareness of the scheme was common among respondents. Some 85% of landlords and letting agents had heard of the benefit.
The world’s strongest currency in November was not the US dollar, despite the greenback rallying 3.5% against the euro, 8.7% against the Japanese yen and over 8.6% versus the Mexican peso and the Turkish lira up to yesterday’s close. The strongest currency last month was sterling, which had strengthened 2.2% versus even the mighty US […]
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