NIBs

Tickets for the 2006 Mortgage Summer Ball are selling out fast, so make sure you get yours now. Held at the Hurlingham Club, London, on 28 June, the Charterhouse Communications Summer Ball will feature live music from the Bootleg Beatles, and bring together professionals from lenders, mortgage intermediaries and suppliers to the industry. Anyone wanting tickets should call Nichola McVey on 020 7503 0873.

Praxis adds Accord

Praxis has added Accord Mortgages to its lender panel. Commenting on the launch Iain Smith, sales director of Accord Mortgages, said: “We are delighted with the response we have had from Praxis to our non-conforming proposition. Praxis has a reputation of delivering service and quality - making it an ideal fit with Accord. We look forward to a long and fruitful relationship.”

Nationwide updates fast track rules

Nationwide has made a series of improvements to its fast track rules. As part of the enhancements, all applications for loans under 50 per cent loan-to-value (LTV) are guaranteed to be fast tracked if they pass Nationwide credit scores. For loans between 50 per cent and 95 per cent LTV, applications can be fast- tracked if the new mortgage loan size is less than 150 per cent of the applicant’s current mortgage. Its fast track applies to mortgages up to £500,000.