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The Mortgage Works introduces new adverse credit range.

The Mortgage Works, a subsidiary of Portman Building Society, has launched a range of adverse credit mortgages.

The Light Adverse and Credit Repair mortgages are designed for applicants with a range of impaired credit histories, with rates of 5.99 per cent two year fixed and 6.49 per cent two year fixed respectively.

The Mortgage Works group development director Matthew Wyles says: “We hope to see many of our impaired credit borrowers graduating over time into our highly competitive prime mortgages and becoming members of Portman Building Society”.


New Star warning on reviewing portfolios

New Star Asset Management believes that individual inv-estors may be suffering significant losses because they are not regularly reviewing their portfolios. The firm carried out a survey in association with NMG among 617 investors regarding the frequency with which they review their portfolios. It found that 37 per cent of investors never review their investment […]

Friends signs protection tie deal with Pink

Friends Provident is signing a multi-tie distribution agreement with Pink Home Loans, which will allow its advisors access to the company’s mortgage-related protection products. Pink Home Loans, part of the Skipton Group, has established a multi-tie panel of five providers for new protection related business. Product areas include level and decreasing term assurance, critical illness […]

Multi_Manager view

Despite the growing popularity of fund of fund investing, some advisers maintain that they are not the quick fix for asset allocation that investors may perceive them to be.

Regulation issue

The mortgage industry needs to focus on ensuring that the public are fully aware of the big changes brought by regulation.


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