View more on these topics

GE gives Igroup range a rate and criteria revamp

GE Money Home Lending has announced a suite of enhancements to its Igroup product range.

They include over 140 rate reductions, with reversionary rate reductions of up to 0.35 per cent, reduced fixed rates starting from 4.39 per cent and reduced discounted rates of up to 0.35 per cent.

The lender will also provide criteria which are an increased deposit threshold to £25,000, while explanation for non-applicants on the voters’ roll is no longer required, and a form of consent from the applicants’ children is no longer required.

GE mortgage sales director Duncan Berry says: “This refresh reflects our drive to provide our intermediaries, with a highly competitive range of products across the board.

“By making well over a hundred rate reductions and some as great as 1 per cent, we are ensuring our intermediaries are being offered competitive, flexible products that help them attract consumers in this competitive market.”

Recommended

The pieces start to fit

Sipps Suffolk Life director of sales and marketing John Moret says regulation could lead to a more coherent approach in the market

FSA in MVR move to give equal deal to policyholders

The FSA is proposing moves to cut out any preferential treatment of shareholders over with-profits policyholders when market value reductions are applied. The move could see policyholders benefit from redistribution that could boost their plans by up to 3 per cent. The FSA says it wants to make the proposed revision to the handbook after […]

Great expectations for Woolwich’s City bonus loan

Brokers have welcomed Woolwich’s City bonus mortgage for staff expecting big bonuses. The lender says only people who want to borrow more than 500,000 need apply. The loan works as a discounted tracker with an offset facility that starts at 0.51 per cent below base rate, rising to 0.49 per cent above base rate in […]

Australian firm buys up Rufus

Australian technology firm Bravura has bought fund management administration firm Rufus from the Bank of New York for a fee that could rise to £32m.

Why your clients need some tough love

In any relationship that matters, professional or personal, you should be upfront with someone if you think they’re making a decision or doing something they might later regret. Being honest with someone and having their best interests at heart, however hard the message, is key to building trust in any relationship. So how does this […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com