View more on these topics

Platform is on the fast track for sub-prime borrowers

Specialist lender Platform Home Loans is revamping its range to include

fast-track mortgage products for borrowers denied loans with traditional


Under the new Fast Track range, borrowers do not need to get any other

lender&#39s or employer&#39s references.

PHL is offering loans up to 85 per cent of valuation and is also

considering loans up to £1m under its “jumbo” facility.

Borrowers can opt for either a 1.25 per cent discount until August 1, 2001

or a 1 per cent cashback on completion.

PHL has revamped its self-certification range to cover employed applicants

as well as self-employed. It has increased its maximum loan from

£500,000 to £750,000.

Sales and marketing director Guy Batchelor says: “The launch of the

fast-track range takes us to a sector of the specialist lending market we

have not previously catered for.

“Building on our success with self-certification for the self-employed, we

are very pleased to be able to offer self-certification for the employed.”


FSA mystery shop probes stakeholder

The FSA is mystery shopping IFAs and providers to check pre-stakeholderplans are complying with RU64 and advertising does not mislead consumers.The regulator will be looking at product structure and how plans areadvertised. Sources believe not all pre-stakeholder plans measure up to theFSA&#39s criteria which stipulates consumers must not be penalised if theytransfer to a stakeholder.The […]

Site for sore eyes

DO keep tabs on how many people are visiting your website and which partsof it they are using. Ask your webspace provider what steps it is taking toensure that your site, rather than someone else&#39s, will be found by thesearch engines. Don&#39t leave this to chance.DO see your website as a part of your overall […]

Product firms unsure of Assureweb

Providers are weighing up whether to renew their Assureweb subscription assome firms feel it has failed to pro- vide a satisfactory compara-tiveservice.Some life offices are refusing to sign up to the DBS-owned portal untilthey are certain the service is delivering on its promises, as they fearthey are merely paying for the portal&#39s development costs. It […]

Play the generation game, says CII

The Chartered Insurance Institute is calling for the industry to adapt CPDto fit in with the changing nature of the workforce.The CII believes that companies should concentrate on training second andthird-jobbers who have proved their commitment rather than on new recruits,as they have in the past.The CII says the “psychological contract” between employee and employerhas […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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