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MEX completes 6,000th lifetime mortgage application

Mortgage Express has revealed it completed its 6,000th lifetime mortgage application this week.

This milestone completion comes at the same time as the latest lifetime mortgage market figures for Q3 2005, released last week by Safe Home Income Plans . The figures show Mortgage Express has a 30% share of the intermediary lifetime mortgage market.

Roger Hillier, product development manager at Mortgage Express says: “Its been an exciting year to date with new product providers entering the market and greater regulation focus on equity release ensuring selling standards are high.

“All of these positive forces help to improve the attractiveness of the equity release market for intermediaries and customers.”


Combined loan

Coventry has launched MOREgage, a combined mortgage and unsecured loan for first-time buyers and movers looking to not only buy a home but also cover the associated costs.

Finance industry praised for fighting crime

Key figures from the Home Office, the Metropolitan Police and the Serious Organised Crime Agency have praised the contribution made by the financial services industry to fighting corporate crime at the Finance and Leasing Associations recent financial crime conference.Leigh Lewis from the Home Office singled out FLA members for special praise as sponsors of the […]

Vesta calls for cold calling crackdown

Vesta Packaging is calling on the Financial Services Authority to crackdown on cold calling, which it says is still a big problem. Cold calls from companies selling mortgages are still a big problem, despite the ban on them imposed by the FSA, says Mark Leaper, managing director at Vesta Money and Vesta Packaging. Leaper says […]

BMS widens self-cert offer

BM Solutions has gone whole of market with itsSelf-cert 90 product. Piloted from September with a limited numberof appointed representatives, now all brokers can offer the product to clients. BMS says it will review progress over the next couple of months. Tim Hague, director of BMS, says: “Our pilot of Self-cert 90 has been really […]


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