View more on these topics

UNIFi Partners opens its unsecured portal

UNIFi Partners has announced it is to open its unsecured portal to affinity partners.

The portal is currently available for use by its broker members but UNIFi says it will now accept applications through lenders who have declined loans to customers but would still like to find them a product.

UNIFi launched the portal last year and currently has five lenders on the panel including Halifax, Citi Financial, Black Horse Finance, Everyday Loans and Welcome Finance.

UNIFi managing director Patrick Bamford says: “We believe the system will be of interest and benefit to those small to mid-sized lenders, particularly building societies, who may be declining a number of personal loan customers because they do not meet their criteria. Through an affinity partnership, the lender is able to pass the customer’s details on to UNIFi via a ‘Hot Key’ or XML feed. We then use this information to source our panel for a suitable unsecured loan.

“With current market conditions as they are, the personal loan market should not be overlooked and we believe the UNIFi portal will provide a strong online solution for many lenders.”

Recommended

Green grosser

Jupiter’s £306m ecology fund celebrated its 20th anniversary last week.

GE Money cuts BTL rates by 0.45%

GE Money has cut its buy to let rates by up to 0.45 per cent.It has cut its two and three year fixed rates by 0.30 per cent and its five year fixed rates by 0.45 per cent.Its tracker rate has been reduced to 6.54 per cent.The lender has also withdrawn its Simply Rental 85 […]

Stagecoach to use Sipp as default fund

Stagecoach Group has become the first major employer to ditch its stakeholder scheme and use a group Sipp as its default option for employees.Hargreaves Lansdown will provide the group Sipp as the default for all new employees.The existing 10,500 Stagecoach staff currently in the firm’s stakeholder scheme or without provision will also be offered the […]

Brokers not intimidated by HSBC rate matcher deal

Mortgage brokers are not concerned HSBC’s directly sold rate matcher offer will lose them business despite many believing it is a good deal.HSBC has been matching borrowers rates since February 1 but this morning it extended the offer to all UK homeowners for five weeks from April 14. The bank will match borrowers’ rates, as […]

Five reasons for optimism in India

By Kunal Desai, Head of Indian Equities at Neptune Investment Management Following the MSCI India Index’s 26.4 per cent return in 2014, stemming from a 7.3 per cent rise in GDP, investors have recently become increasingly concerned about India’s future growth potential. What has happened to India’s reform agenda and are there any signs of […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com