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Net valuations

Hometrack has launched an online service allowing home owners and buyers to value a property to a level only previously available to high street mortgage lenders. The service could revolutionise the house buying process as the public can use the figures to negotiate on the price of a property or ensure an estate agent’s valuation is correct.

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I would like The Woolwich to pay up for wasting my time

From Simon Fisher It’s about time lenders were made to pay for wasting our time. My experience last week with The Woolwich was frustrating and costly. My client owns a property his mother lives in and wanted to increase the mortgage with the potential to drawdown 20,000. I checked the intricacies of the case with […]

Broomstick Ball raises 159,000

The mortgage industry turned out in force last week for the seventh Broomstick Ball, held at The Marriott hotel on London’s Grosvenor Square and organised by Deirdre McManus, head of sales at Bristol & West Mortgages. The event is the only one in the industry calendar at which lenders and brokers come together, forget rivalries […]

Mortgage 2000 launches product with Universal

Mortgage 2000 has launched a product in association with Universal. The exclusive, named Light Touch due to its acceptance of up to 2,500 in County Court judgements and two months of arrears, is only available via Mortgage 2000s direct to lender proposition m2-mortgage club.The product has an initial pay rate of 5.84%, 250 cashback and […]

Misys chairman steps down from role

The chairman of software firm Misys has stepped down from his position to become chief executive, bowing to the pressure of investors.Kevin Lomax, who founded the company, also agreed to consider selling non-core parts of the business.Financial services firm Sesame, which is owned by the firm, is already being billed as one of the first […]

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