View more on these topics

Winterthur develops system to speed up home buying process


Winterthur has developed a computer system which it believes will speed up the process of buying a home.


The system called &#39Winteract&#39 aims to cut two weeks off the whole house buying process which Winterthur says currently takes an average of about 80 days from viewing to completion.


The system removes the need for lengthy form filling as all the transactions are completed on screen. It can provide instant decisions on life assurance and acceptance in principal on mortgage applications.


Winteract will be installed in Winterthur&#39s network of 1,000 estate agents.

Recommended

Old Mutual launches Isa range

Old Mutual Fund Managers is launching its Isa range this month.The range includes a maxi stocks and shares and cash Isa, a mini stock and shares Isa and a mini cash Isa.The stocks and shares component will include 11 of Old Mutual&#39s 15 unit trusts.Minimum initial investment is £1,000 lump sum or £50 a month […]

Leeds & Holbeck Building Society adds to its mortgage range

Leeds & Holbeck Building Society is launching a three-year stepped discount and two fixed-rate mortgages.The discount mortgage offers a 3.25 per cent discount on the society&#39s standard variable rate of 6.79 per cent in the first year.This reduces to 1.25 per cent in year two and 1 per cent in the third year. It has […]

Mercury European Privatisation Trust share price falls

Mercury European Privatisation Trust has announced a 3.4 per cent decrease in share price in its annual results for the year ending March 31, 1999.The results compare to a rise in the MSCI Europe Index of 8.5 per cent over the same period.The net asset value also declined by 2.1 per cent during the course […]

Northern Rock sees housing market springing forward

The housing market has received a massive boost from low interest rates according to the latest Northern Rock survey.The lender has seen a steady rise in spring home buying across the North East.The average price of a home in the region is now £58,000 a rise of £1,600 over the past year.

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