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Opening the floodgates

Open Banking will create a high watermark for customer experience in the mortgage market, writes Piero Bassu, head of financial services and capital markets at Hometrack

BEP Systems to deliver Gatehouse Bank’s residential financing processes

BEP Systems, the mortgage origination software house, has added Gatehouse Bank to its roster of financiers using their customisable Apprivo2 system. Gatehouse Bank, as a specialist finance provider, will use the new system to help make their business more efficient at a time of growth and handle the needs of customers not always served by mainstream lenders. For Gatehouse Bank, ...

Mortgage approvals hit five-month high in July

The number of mortgages approved by British banks hit a five-month high in July, a sign the housing market could be gaining momentum following a period of political uncertainty. According to figures from UK Finance, the new trade association which has replaced the British Bankers’ Association, 41,587 mortgages were approved in July, up 3% on the previous month. Remortgaging approvals ...

Secure Trust recruits two new business development managers

Secure Trust Bank Mortgages has appointed two new business development managers to handle its relationships with brokers and intermediaries across the central and southern regions of the UK. Jez Quinn joins Secure Trust Bank as BDM for the central region from the West Brom Building Society, where he worked for 10 years across a variety of roles. Most recently he was business ...

eTech develops buy-to-let hub to address new PRA rules

eTech has developed new software for the portfolio landlord market designed to address the incoming Prudential Regulation Authority rules. The end-to-end web-based solution aims to bring lenders and brokers closer together by streamlining and simplifying their operations. Under the new PRA rules set to be introduced on 30 September, portfolio landlords with four or more rental properties will be subject ...