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Pink Home Loans tops £60m mortgage applications in June

Pink Home Loans is celebrating the completion of more than £60m mortgage applications during June.

The figure represents the packager&#39s best-ever month and marked a 30 per cent increase on its previous best month.

Managing director Peter Presland says: &#34We use the latest technology to ensure mortgage applications are processed as efficiently as possible and to improve communications with our customers. More intermediaries are trying us, find they get an unrivalled service and are continuing to use us.&#34


Scottish Friendly reports record sales

Scottish Friendly sales leapt 40 per cent over the first six months of 1999 compared to the same period last year according to the company.The friendly society reported a record increase in life and pensions sales of £1.8m to £6.2m from £4.4m over the same period last year.Scottish Friendly puts these record sales down to […]

Treasury to clamp down on lenders

The Treasury is set to clamp down on extended redemption penalties and lenders which do pass on the benefits of base rate cuts to their customers.The Government department has issued a strongly worded discussion document which lenders and IFAs believe to be a clear indication that the decision to bring mortgages under the remit of […]

AITC makes marketing campaign appointments

The Association of Investment Trust Companies has made two marketing appointments following the acceptance of the &#34its&#34 marketing campaign by the industry.Craig Fabian will become campaign project director and Simon Arthur will take the role of marketing services manager.Fabian joins the AITC from Volvo Car UK where he was marketing director.Arthur, who will be responsible […]

Mortgage Advances hit record heights

Mortgage advances hit record levels in June according to figures released by Barclays Bank.Its research reveals gross mortgage advances in June hit the £10bn mark, a 27 per cent increase over last June&#39s figure of £8.4bn.Mortgage lending is now so buoyant that Barclays is predicting the market will top £100bn this year for the first […]


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