A new near-prime option and a 24-month discount option have been added to Money Partners' existing first charge Origin range.
The near-prime option gives a one-year discount of 1.55 per cent that offers a starting rate of 4.3 per cent per annum and a minimum advance of £50,000. The two-year discount offer is available on all Origin products with rates starting at 5.4 per cent.
Intermediary leaves FSA for Personal Touch
Personal Touch Financial Services has added the OFM Group to its network. OFM has relinquished its directly authorised status and will join Personal Touch as an appointed representative.
Rob Jupp, managing director of OFM, said the move was partly due to the FSA’s direct authorisation regulations which it thought would hinder business growth
