In brief

The tailored remortgage, purchase, sale and right-to-buy products will be available to more than 2,000 brokers registered with BDS. Benefits include a ten-day remortgage completion service from receipt of offer.

SPML secures £700 million

Southern Pacific Mortgage Limited (SPML) has successfully completed the securitisation of £700 million of its mortgage assets, consisting of 88 per cent first-charge and 12 per cent second-charge mortgages from across its prime, light adverse and non-conforming loan product ranges.

The securitisation was arranged and lead-managed by Lehman Brothers.

LIME gets new general manager

Amanda Waddington has been promoted to general manager of Lifetime Insurance Mortgage Experts (LIME), the general insurance and mortgage arm of the Tenet Group.

Her new role will focus on building provider relations. Future projects include rolling out a non-investment introduction facility, developing a healthcare panel and working towards end-to-end processing.