Beacon Mortgage Packaging Services for Intermediaries
Beacon Mortgages was established in August 2003 as the packaging arm of The Beacon Group, to accompany the investment arm Beacon Asset Management. Bananas Inc formed just a few months prior to this, as the broker arm of the then privately owned direct to consumer business mdnationwide.
In April 2007 The Beacon Group purchased mdnationwide and Bananas Inc to enhance the group proposition, and offer an expanding range of financial solutions to businesses and the public alike.
In July 2008 the trading style “Beacon Mortgage Packaging Ltd” was applied to the businesses of Beacon Mortgages Ltd and Bananas Inc Ltd. In September 2008 the successful merger of Beacon Mortgages Ltd and Bananas Inc Ltd was completed to create Beacon Mortgage Packaging Limited, a single company which continues to provide an invaluable, professional mortgage packaging service to mortgage intermediaries.
News Headlines
A range of mortgage products 'is still available'
Friday, 3rd July 2009
There is still a good choice of mortgage products available, according to mortgage advice from the Residential Landlords Association (RLA). Full story...
Mortgage Rescue Scheme uptake 'likely to increase'
Thursday, 2nd July 2009
The number of Mortgage Rescue Scheme approvals is likely to increase over the next few months, according to mortgage advice from the trade association for the mortgage lending industry. Full story...
Adequate mortgage finance is still lacking, says CML
Wednesday, 1st July 2009
There is still a chronic shortage of mortgage finance, according to mortgage advice from the Council of Mortgage Lenders (CML). Full story...
The news articles on our website are produced by Adfero Ltd and do not in any way represent the thoughts and opinions of anyone associated with Beacon Mortgage Packaging Services. They are purely here for the reader to obtain the latest news and breaking news from the world of finance.