You are here: Home - News -

New non-conforming lender aims to speed up turnaround process

  • 01/09/2000
  • 0
High Street Home Loans, an all-status lender dealing solely through intermediaries, has opened for b...

High Street Home Loans, an all-status lender dealing solely through intermediaries, has opened for business with a pledge to revolutionise traditional underwriting procedures and speed up the entire process.

The lender has launched with a mortgage backed by GMAC-RFC. Fixed at 8.35% until May 1st 2001, the mortgage is available up to 90% LTV and has no application or valuation fees. Intermediaries will receive a 1% commission on completion.

The loan is available to self-certification and full status customers with CCJs up to £2,000.

Once accepted, the lender plans to minimise the paperwork associated with applications by checking the details over the telephone and aims to send out confirmation within five working days.

The lender is also devising an online facility that will enable a broker to fill in an online application form and receive an answer within 10 seconds.

Contact: 0191 423 9220


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • My week on Twitter 🎉: 104 Mentions, 47.7K Mention Reach, 66 Likes, 50 Retweets, 41.6K Retweet Reach. See yours with…
  • Our first day of the Mortgage Administrator iVent has been a great success – don’t forget to join us again tomorrow…
  • Mortgage Administrator iVENT 2018: How to spot mortgage fraud -
  • RT @DanielleDennis9: Our first ever virtual event is looking great! Make sure you log in today, take a look around the stands and watch the…
Read previous post:
Small business is fertile ground for intermediaries

Small business owners are largely unaware of the range of mortgage products available to them, repre...