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Mortgage Express boosts B&B results

Bradford & Bingley specialist lending arm Mortgage Express’ mortgage book has grown £3.49bn since December 2002 from £7.2bn to £10.69bn.

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Goodfellows has established IncomeInsurance, an accident, sickness and unemployment policy for a mortgage or any other purpose. IncomeInsurance was designed in response to a survey by the British Association for Protection Brokers. It found half of UK workers do not have savings or insurance to fall back on if they were unable to find a […]

Norma&#39s conquest

Last week, I looked at a simple piece of tax planning for a couple aged under 65. Here&#39s another which applies when both spouses are aged 65 or over. A few bullet points will help us.•When both spouses are aged 65 or over, it is beneficial if the total income of each is kept below […]

Advantage to run network for packagers

Sub-prime packager Advantage Mortgage Services is starting a national network for mortgage packagers.The network will provide a range of products for members along with mortgage processing software and a training and development programme.Advantage has already signed up one packager, Derby-based Future Finance, and hopes that 50 others will join. It says it has 20 further […]

Outside edge

By the time you read this, we will have heard the result of the Bank of England&#39s August interest rate deliberations and the betting is on no change. Indeed, I believe the base rate may be in for another relatively long period of stability. This will inevitably lead to a wringing of hands among personal […]

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