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Commercial First sponsors ascent of Mont Blanc

Commercial First has sponsored the ascent of Mont Blanc and Gran Paradiso (Italy’s highest mountain) by Nathan Calcott, the lender’s further advance manager.

Although a blizzard prevented Calcott from reaching the highest point of Mont Blanc, he successfully reached the summit of Gran Paradiso.

The value of Commercial First’s sponsorship was £1,000 and it contributed towards the total of £2,400 raised for the Muscular Dystrophy Campaign from Commercial First and its key partners.

Stephen Johnson, sales and marketing director of Commercial First, says: “Tackling the highest mountain in Europe, and reaching the summit of the highest mountain in Italy in the same trip is a great achievement and we are delighted to have been able to support Nathan in his efforts to raise funds for this very worthy cause.”


Paragon urges landlords to sign up for TPD

Paragon Mortgages is warning the 75% of landlords who’ve failed to sign up for a tenancy deposit payment are leaving themselves open to hefty fines and possible legal action.Six-months ago mandatory TDP came into effect. Paragon has warned that landlords could face large fines if they end up in a dispute over deposits without the […]

Lexicon appoints compliance boss

Paul Williams has been appointed compliance and operations director of Lexicon Group with responsibility for Robert Sterling and Lexicon Mortgages. Williams resigned as compliance director of Hamptons Mortgages in July.

Woolwich alters buy-to-let offering

Woolwich is altering its buy-to-let lending policy in reaction to what it says is the increasing strength of the rental market.The lender hopes to provide a simplified and more competitive approach to rental calculation in the buy-to-let market. The minimum interest cover will reduce from 125% of a nominal rate of 5% to 105% of […]

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]


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