View more on these topics

5D Finance launches packager bible

5D Finance has launched its new packager bible today.

The guide aims to provide packagers with everything they need to complete commercial mortgage business with 5D Finance.

The bible contains details of the 5D valuation panel, solicitor panel, and underwriting. It includes a sample of application forms, templates, contact details, information on all of 5D Finance’s products, and guidance notes of how to use the necessary documents to do business with 5D. All the tools of the packager trade.

Chief financial officer William Hodson says: “My colleagues may very well be enthralled by this all-singing all-dancing bit of kit, but with my CFO hat on I am absolutely horrified by the eye-watering expense. Each one costs over £200.”

Head of sales Nick Sneddon adds: “Packagers are our livelihood. A large part of my role is spending time with them, helping them to package applications quickly and accurately. This guide will help that happen. It covers everything from the Packager Engagement Agreement and the underwriting manual to application forms and Redemption Statement Requests. The data-stick and manual should be the bible at the fingertips of all those involved in packaging commercial mortgages.”


Mortgage lending grows by 6 per cent in October

Gross mortgage lending has increased by 6 per cent in October rising to an estimated £32.4bn, according to the Council of Mortgage Lenders.This is up from £30.6bn in September and £30.6bn in October last year.While the increase is higher than the 3 per cent seasonal rise that might typically be expected between September and October, […]

A shaw thing

Sam Shaw is a reporter on Money MarketingTuesday night saw me going back to my former contacts in the protection world, the brown-eyed beauty Peter Chadborn, Scouse’s finest Andy Milburn, soon-to-be-daddy Mark Locke and, of course, the omnipresent in the protection world Kevin Carr. Andrea “Core of Steel” Tryphonides was there, too, as were the […]

EU fund builds skills

European commissioner for employment, social affairs and equal opportunities Vladimir Spidla and UK Parliamentary under secretary for work and pensions James Plaskitt have started a scheme to help disadvantaged people find work.Over the next seven years, the European Social Fund programme for England will help 200,000 people get jobs and enable at least 140,000 of […]

Oval rounds out business with Ward Mitchell buy

Oval has bought Leicester financial adviser firm Ward Mitchell Partnership.This is Oval’s 24th acquisition since November 2003 and the second stand-alone IFA business it has acquired.Ward Mitchell employs a total of 16 staff and the company has an annual turnover of £2.5m.Oval chief executive Phillip Hodson says he is impressed with Ward Mitchell’s strong client […]

Tax-free gains? That can’t be right, can it?

When he was Chancellor of the Exchequer, George Osborne made several changes to the way in which income is taxed. Personal allowances were increased significantly above the rate of inflation; a starting rate band was introduced for savings income and, with effect from 6 April 2015, this was assessed at 0 per cent. In addition, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm