View more on these topics

Exclusives reappear through networks

Two lenders have returned to the network sector with the launch of two separate prime fixed exclusives.

Platform is launching its prime proposition initially with an exclusive tie up with Thinc, and Halifax is producing some fixed exclusives for Pink.

Pink has launched two shared Halifax exclusives: these include a 5.49 per cent fixed up to 75 per cent LTV and 5.74 per cent available up to 95 per cent LTV.

Platform will initially launch with a choice of two and three-year fixed rate products including fee free options and a low margin propositions. Platform will begin the exclusive three month ‘launch and learn’ pilot with Thinc, with a view to a full market rollout in March 2009.

Platform managing director David Tweedy says: “With continuing compression in the specialist mortgage sector, a mainstream proposition through intermediaries was a natural and logical step for Platform.

“We recognise that we need to adapt and respond appropriately to the current, difficult market conditions. It is vital that Platform ensures it generates the right volume of business, with the right risk profile and the right pricing.”

Thinc Group director of mortgages Alex Murray, Group says: “We have worked with Britannia for many years and have developed a close working relationship. These are exciting developments for us all and we are looking forward to developing our relationship with Platform in the future. We have been impressed by their state of the art systems and their professional approach and we are always looking for the next step in improving existing products and services.”


The top-up test

Cancer tzar Mike Richards’ decision to allow NHS patients to pay for cancer and other drugs not available from the state seems to be the first step towards creating a two-tier system within state provision. It also looks set to lead to rapid product development of top-up insurance plans.

Degrees of confusion over qualifications

Fay Goddard of the PFS stated in her article (Money Marketing, November 6) that there is confusion about level-four qualifications.


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