Mortgage Next Network and Mortgage Next Partners are offering 99 valuation deals on all packaged cases submitted before March 31.The deal applies on all properties valued up to 450,000. Mortgage Next’s existing free valuation schemes with both Mortgages plc and Kensington will remain but the offer will not apply to Mortgage Trust applications. Mortgage Next is also offering a loyalty scheme for its directly authorised brokers, Passport, which includes air miles, access to competitive mortgage products and free Mortgage Brain and Trigold subscriptions. It also includes a new white-label website facility and preferential rates with Goldsmith Williams solicitors and a car leasing scheme. Mortgage Next marketing director Justine Tomlinson says: “This scheme is good news as it enables brokers to reduce their clients’ costs of either remortgaging or buying property. We are delighted to be offering it alongside our existing mortgage deals and can promise brokers a fast and reliable service.”
Downing is introducing a further two venture capital trusts before the April deadline, including a protected product aimed at more cautious investors. It hopes to attract 40m for the Downing VCT4 and Protected 5 VCT. The Protected 5 VCT will be more cautiously managed and focus on capital preservation, with wind-up expected in around five […]
This week by freelance finance writer Sarah Modlock.
Fidelity’s UK growth manager Frederic Gautier is leaving and will be replaced by analyst Carlos Moreno.
Wealth management company Cripps Portfolio is rebranding itself Heartwood Wealth Management.The firm bought the company, which has 650m of funds under management for private clients, trusts and charities, at the end of last year. Heartwood now employs 70 staff and works from is offices in London, Tunbridge Wells, Lewes and Southampton, arranging financial solutions for […]
Kunal Desai, manager of the Neptune India Fund, comments on how India’s 2017 budget will impact the Indian economy and equity market. Read article here: Important Information – for Investment Professionals only. Not for Retail Clients.Investment risksThe Neptune India Fund may have a high volatility rating and past performance is not a guide to future […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]