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Woolwich homeloan aims at big bonuses

Woolwich has set up its City Bonus mortgage for bankers, brokers, consultants and entrepreneurs who expect big bonuses this winter. It says only people who want to borrow over 500,000 need apply. The discounted tracker with an offset facility starts at 0.51 per cent below the bank’s base rate, offering an initial rate of 4.24 per cent.

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Lessons to be learned

The Government is encouraging more young people to go on to higher education and making them pay for tuition fees on top of living expenses. This means that the average student leaves college or university with a 12,609 millstone of debt around their neck. As long as owing such big amounts is the norm, people […]

Profits boost for On-Line Partnership

On-Line Partnership has reported a two-thirds increase in profits for the year to June 30 from 743,253 to 1.23m. Turnover increased by 23.7 per cent from 23.1m to 28.6m.

Standard issue

The recent news that Mortgage Trading Exchange has opened the standard interfaces it has developed with lenders so they can be adopted by other users paves the way for some welcome pragmatism to break out in the mortgage industry.

Origo signs 20,000 users

Origo has signed its 20,000th Unipass user as it recognises the growing need for e-commerce, particularly in the mortgage industry. The standards body says with growing numbers of mortgage lenders also planning to use the service, Unipass now offers more benefits than ever to its users.It says almost 60 per cent of existing users work […]

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