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Firm aims to put Spring in step of loan applications

New firm Spring Technologies says its online suite of products for mortgage brokers will speed up the loan application process by at least two hours.

Spring is to roll out a range of online products in November designed to reduce the admin burden at the start of the buying process. These will include money laundering and credit checks, valuations and Land Registry checking tools.

Executive director Nick Berry says providing brokers with all the necessary information at the start of the mortgage application should save them two hours or more. He says the total cost of the service will be about 25.

Berry says: “Giving advisers all this information up front provides them with everything they usually get part-way through. Land Registry and money-laundering checks can often set the application right back, whereas having it all up front it is likely to take much less time.”


Japan fund blossoms

I think I owe an apology to Anja Balfour of Framlington Japan, whose performance since she took over the fund from David Mitchinson in late September 2004 has been extremely good. I have to admit that I did not feel Framlington really had the resources needed to run a Japanese fund. However, all that has […]

Exchange runs new roadshows

The Exchange is running a series of new business roadshows across the UK open to all Exweb portal users and potential users.Events will take place in August and September in Harrogate, Exeter, Manchester, Cambridge, Birmingham, Gatwick, Edinburgh, and Glasgow.The events aim to present the business case for using technology to help advisers improve their business […]

OFT finds low claims fuel huge PPI profits

The Office of Fair Trading has slammed the payment protection insurance market after finding providers are making massive profits on the back of low claim ratios. It has led to calls for the FSA to delink loans and PPI so stand-alone providers of PPI can compete, driving down prices and giving brokers a foothold. The […]

Land Registry shows prices rising faster

The Land Registry says the average house price in England and Wales is 199,184 – an annualised increase of 7.71 per cent between April and June compared with a rise of 5.43 per cent for the same period last year.

Japan 2017 Outlook: Abenomics 2.0

By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]


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