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Southern Pacific discounts range by 1.25 per cent

Southern Pacific Mortgage Limited is offering a 1.25 per cent discount across its whole range of standard, buy to let and right to buy mortgage products, which include self certification options for both employed and self employed applicants up to 85 per cent loan to value.

Sales and marketing director John Prust says: “The mortgage market is very competitive at the moment and we are delighted to be able to offer this keenly priced discount to borrowers who, because of a non standard earnings profile or past history of credit problems, tend to be paying slightly higher rates than prime, full status borrowers. With the new discount, borrower are guaranteed cheaper rates for the next sixteen months.”


Financial Services Forum appoints marketing head

The Financial Services Forum, a membership-based organisation for senior marketers, has appointed Fiona Kelso as head of marketing.The FS Forum says this is a new role created in response to substantial growth during its first year and it now has over 200 individual members including life and pension companies, asset managers and investment banks.Kelso has […]

L&G active fund head quits

Legal & General’s head of active fund management Peter Knapton has quit after seven years at the firm. Knapton says his split with L&G was amicable, although as yet he has no job lined up. L&G is now left searching for two senior staff in its fund management arm, having failed to replace its head […]

Exclusive Connections makes tracks

Exclusive Connections has introduced a base rate tracker mortgage with a rate that is 0.70 per cent above the Bank of England base rate for the first five years.With a current payable rate of 5.95 per cent, after five years the tracker rate increases to 1.75 per cent above the base rate for the remaining […]

Nationwide chief blasts the banks

Nationwide Building Society chief executive Brian Davis has slammed banks for confusing borrowers into believing they are getting a good deal when many are paying over the odds. Davis, who is due to retire in December, claims banks and plcs are treating their mortgage customers with disdain by keeping them on a high standard variable […]


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