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BM Solutions set for record month

BM Solutions is on course to achieve a record month of applications. The firm says it received its highest number of applications ever submitted in a 24-hour period on May 9 at 145m. The lender says it is on target to record 1bn of applications this month.

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Norwich Union confirms special sits launch date

Norwich Union has confirmed that it will launch its Norwich UK special situations fund on May 22nd.The 200m fund will be jointly managed by Richard Buxton, manager of Schroder UK alpha plus fund, and Andy Brough, manager of Schroder UK mid 250 fund.The fund will be available from IFAs and fund supermarkets and will hold […]

Merger for pension and actuarial firms

Actuarial and pension specialists Wolanski & Co and CheckleyFisher have merged to create Wolanski CheckleyFisher. Both firms specialise in corporate pensions and the combined firm will create a new player in the actuarial market, made up of seven fully-qualified owner-manager actuaries.

Bestinsurance launches MPPI product for FTBs

www.bestinsurance.co.uk has launched a new age-rated mortgage payment protection insurance for first-time buyers.The trading style of British Insurance says younger applicants will benefit from cheaper premiums. It says many lenders offer a unified rate for their payment protection cover rather than being age-rated.The firm says it could save clients 75 per cent on their cover, […]

UCB reduces rate on its BTL tracker

UCB Home Loans is launching a new buy to let three-year flexible tracker at 5.19 per cent.The product, that which launches on Monday, replaces UCB’s previous product of 5.29 per cent.Its self-cert and BTL flexible fixed rate products will increase from 5.29 per cent to 5.59 per cent.UCB Home Loans managing director Keith Astill says: […]

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