View more on these topics

Hanley Economic BS joins Mortgageforce panel

Mortgageforce has added Hanley Economic Building Society to its mortgage panel.

Hanley will offer Mortgageforce a suite of products without credit scoring and with all applications manually underwritten.

The addition of direct access to underwriters provides a personal service for the intermediary market.

Products include both three year fixed and discounted terms up to 80% LTV.

Martin Reynolds, consultant at Mortgageforce, says: “This is an excellent addition to our panel and a coup as Hanley currently has limited distribution.

“We feel that their ability to offer a proposition where they do not credit score but look at customers individual circumstances provides the ability for our advisers to help more people. We are looking forward to a very fruitful relationship with them.”

David Lownds, head of risk at Hanley adds: “Our Partnership project with a select number of intermediary panels has been in place since March and we felt the time was right to add another professional partner and Mortgageforce fits that requirement well”.


Three convicted for conning £4.6m out of providers

Three individuals, including a for-mer police financial investigator, were last week sentenced to jail for defrauding mortgage providers out of £4.6m. Charles Overend, a former police financial investigator, defrauded mortgage providers by hiding discounts he had received on the price of residential properties, tricking lenders into providing loans that were proportionally larger than normal for […]


‘F’ word may make clients responsible

Public health minister Anne Milton has suggested that doctors should call overweight patients fat rather than obese. Her thinking is that if GPs start using the ’F’ word when talking to patients it’s more likely to motivate them to lose weight. Her straight-talking words follow the announcement that ministers wish to place the emphasis on […]


MSTV: Boulger warns of two-tier broker system

In this edition of Mortgage Strategy TV we talk to Ray Boulger, senior technical director at John Charcol, about the impact of the Mortgage Market Review on brokers, the potential of a two-tier industry and the chances of higher LTVs returning.


News and expert analysis straight to your inbox

Sign up