Story by: Catherine Couch, Mortgage Adviser
Cheltenham & Gloucester has merged its underwriting and processing teams in a bid to improve its service to intermediaries.
Mortgage Adviser will be available in a digital-only format for the first time for the next two weeks.
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Viviane Clement is head of intermediary sales for Alliance & Leicester.
Northern Rock’s 125 per cent loan-to-value Together mortgage range accounted for 70 per cent of its repossessions in the first half of 2008.
HBoS, Rate reduction, www.hbosplc.com
The future of exclusive intermediary mortgage deals looks grim with many mortgage lenders contacted by Mortgage Adviser revealing no immediate plans to bring such offerings back.
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