TrigoldCrystal today launched an iphone application that allows brokers to research the mortgage market from their iphone.
The application allows brokers to search the live TrigoldCrystal mortgage database using a range of panels, mortgage and repayment types as well as other options.
Results are sorted according to search criteria and can be emailed to the broker’s email [...]

Steve Gamage and Paul Cosh’s Sevenoaks-based Invicta Insurance Services has bought four more books of business, taking the total in the first three months to six.
The firm says more are in the pipeline. The four just bought include:
* Cranbrook-based London & Southern Securities, which comprises mainly high net worth and property [...]

David Fisher has been appointed to the position of CEO for Sainsbury’s Finance after five months in the role of interim CEO.
Fisher is to oversee plans for sustainable growth of the financial services arm of Sainsbury’s and will be based between Edinburgh and London.
He said: “We have ambitious plans for growth, and know there [...]

Royal Bank of Scotland has announced plans to cut 500 of the 3,500 jobs in its wealth management arm, which has two outposts in Manchester.
Coutts & Co, the private bank, and Adam & Co, a wealth management business, both have offices in the city.
RBS did not say exactly where the jobs axe would fall but [...]

Former Enterprise founder and chief executive Michael Clapper has launched sellmycommercialproperty.co.uk, offering fees to intermediaries who introduce business.
Sellmycommercialproperty.co.uk is a joint venture between Clapper Holdings and Werth Associates and will sell all types of commercial property across the UK, including shops, offices and industrial units. It offers decisions on whether to purchase or not [...]

Short term lender Wonga has launched its own code of practice in an effort to increase its transparency to existing and potential customers.
The code is designed to reinforce the codes of practice issued by the Office of Fair Trading (OFT) and the Finance and Leasing Association (FLA), which the alternative lender currently abides by.
Errol Damelin, [...]

The UKs largest building society, Nationwide, is to slash the rates across its five-year fixed rate mortgages for homebuyers and remortgage customers by up to 0.31 per cent.
Homebuyer products include a 4.68 per cent five-year fixed-rate, with a loan-to-value up to 70 per cent, and a five-year fixed rate at 5.79 per cent, with a [...]

TFS Loans, the unsecured lender based in Southend on Sea have announced that they are reducing the interest rates on a number of their loan products (for new applicants) with immediate effect.

Looks like the Manchester Building Society could make a tidy £5m profit in just over 3 years if they decide to sell the Manchester based commercial bank.

Ex-GE Money Home Lending COO Andy Punch, is set to take up the same role with Swift Advances, the secured loan specialist owned by Alchemy Partners.