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SLS and Lowry Capital launch express bridge

Savills Lending Solutions is launching an express bridge product, funded by Lowry Capital.

Express bridge is aimed at clients who need to complete on bridging funds quickly. A service level agreement can be in place guaranteeing completion in five working days, up to a maximum LTV of 70%.

Richard Basso, managing director of Lowry Capital, says: “We are pleased to be launching our Express Bridge in partnership with SLS. The combination of Lowry Capital’s proven ability to have funds available quickly and SLS’ strong market presence and excellent reputation, means this product should prove to be a great success.”

Rob Jupp, director of SLS, says: “We receive many calls from brokers whose clients have been let down at the last minute by their existing arrangements. This means they have to pay a penalty for late completion, as they can’t get funds arranged quickly enough. SLS intends to be the undisputed market leader in the specialist market in 2010 and such innovations as this from Lowry will assist us in achieving this goal.”


Hector Sants to leave FSA

The Financial Services Authority has announced that Hector Sants will leave the organisation in the summer, after three years as chief executive officer.

TMW forms are now available via MTE

The Mortgage Works has made its decision in principle and mortgage application forms available to users of the Mortgage Trading Exchange.

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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