Author Archives: tony
Manchester pension fund invests in residential property scheme
The Greater Manchester Pension Fund (GMPF) is investing in a residential property scheme by financing the construction of more than 240 new homes on land provided by the council. Manchester City Council, the GMPF and the Homes and Communities …
Posted in Property
Tagged Greater Manchester Pension Fund, HCA, Residential property
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Bridge too far for ‘Europe’ at Complete FS’ Ryder Cup
In the week that Europe goes head to head with the USA for the Ryder Cup, the outcome of the inaugural Complete FS Ryder Cup challenge between Mortgage Lenders representing Europe and Bridging Lenders representing the USA, ended with …
Paradigm charity golf day raises money for The Lymphoma Association
A charity golf day recently held by Paradigm Mortgage Services, the mortgage services proposition, has raised £675 for The Lymphoma Association. The golf day held at The Belfry earlier this month was attended by 60 golfers and sponsored by …
Posted in Mortgages
Tagged Bob Hunt, Paradigm Mortgage Services, The Lymphoma Association
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Precise Mortgages launches prime mortgage range
Following the recent Near Prime BTL and Home Owner launch, Precise Mortgages has today launched a range of Prime Home Owner mortgages designed to compete directly with high street banks. The range is focused at borrowers in the south …
Posted in Mortgages
Tagged Alan Cleary, Precise Mortgages, Prime Home Owner mortgages
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Brightstar announces new exclusives from Kent Reliance
Brightstar Financial’s specialist first charge division is launching two mortgages for both purchase and remortgage specifically for clients who don’t want to be tied in to long term arrangements and particularly suited to the recently self employed. The mortgages …
Gross mortgage lending stable in August
The Council of Mortgage Lenders estimates that gross mortgage lending in August was £12.6 billion. This is marginally lower (1%) than July’s gross lending figure of £12.7 billion and a 4% fall from £13.1 billion in August 2011. In …
CHL Mortgages continues to show strong complaints data
Specialist lender, CHL Mortgages, has today (20th September 2012) released its complaints data for the first half of 2012, up until 30th June 2012. In this period CHL itself received a total of 95 complaints, of which just 5% …
Redrow defies housing slump
Housebuilder Redrow has not been affected by the depressed housing market – full-year profits jumped 70%, helped by an increase in average selling prices. Pre-tax profit was up to £43m (2011: £25.3m). Revenue increased by 5.8% to £478.9m (2011: …
Consumer debt ‘passed for collection’ exceeds £60 billion
The amount of consumer debt handed over to debt collection agencies (DCAs) or sold on to debt buyers has exceeded the £60 billion mark for the first time, according to the latest figures from the Credit Services Association (CSA), which officially …
Owning a home ‘£130 cheaper a month than renting’
Mortgage lenders Halifax have produced the Buying vs Renting Review to compare the relative cost of renting vs owning a home in the UK at the moment. The results will be good news for homeowners, because Halifax found that owning a …