Entries by Stephen Kiely

Fleet Mortgages announce raft of criteria changes

Fleet Mortgages, the buy-to-let specialist lender, has today announced a raft of changes to its lending and product criteria following feedback from its intermediary partners. The changes are introduced with immediate effect and cover a range of criteria from loan sizes to valuations, transactions between connected parties to gifted deposits. Specific highlights of the lender’s […]

Foundation Home Loans announce raft of two-year buy-to-let price cuts

Foundation Home Loans, the intermediary-only specialist lender, has today announced a raft of price cuts across its range of two-year buy-to-let fixed-rate products. The new products are available with immediate effect and include cuts of up to 45 basis points for portfolio landlords, limited company clients and landlords purchasing or refinancing specialist properties including HMOs […]

Verizon’s 2019 Payment Security Report shows drop in PCI DSS compliance

Eckoh (AIM: ECK), the global provider of Secure Payment products and Customer Contact solutions, comments on the recently released Version Payment Security Report 2019, which highlights the disappointing drop in compliance to the Payment Card Industry Data Security Standard (PCI DSS) for the second year in a row. Compliance now stands at just 36.7% worldwide. […]

Eligible launches broker client retention calculator

Eligible, a technology firm automating customer retention for the mortgage industry, have launched a broker client retention calculator to help brokers assess how much potential revenue is being lost by not retaining existing mortgage customers. The tool has been built especially for brokers and all brokers need to do is drag the three bars across […]

Money laundering in the UK: A dirty secret that won’t go away

A report by anti-corruption watchdog Transparency International lays bare what it believes is massive, carefully planned money laundering in the UK. Syedur Rahman of business crime solicitors Rahman Ravelli voices concern about the effectiveness of the authorities’ efforts to tackle it. Transparency International has argued forcefully that laundered money is making its way into even […]

Oodle Car Finance Appoints Equiniti Credit Services as Standby Servicer Following £350m Securitisation

Oodle Car Finance has appointed Equiniti Credit Services (EQCS), the UK’s leading consumer credit technology and outsourced services provider, as its standby servicer following the successful completion of its first asset-backed securitisation, worth £350 million. The oversubscribed transaction saw the fast-growing, online, used-car finance provider attract demand from 14 European and international bond investors. With […]

MarketFinance set to transform business lending industry

MarketInvoice has today updated its name to MarketFinance. The fintech business lender established in 2011, has provided over £2.6 billion in lending to thousands of UK businesses. Using its proprietary technology and risk engine, coupled with a personalised service to enhance the lending experience, MarketFinance has enabled businesses to seamlessly access credit lines to suit […]