Coutts to offer product range through Mortgage Brain

Coutts bank has announced that it is to make its mortgage products available to intermediaries through the Mortgage Brain platform.

With a minimum loan amount of £1m and maximum LTVs at 80 per cent, Coutts’ products are aimed exclusively at a high net worth audience, which Mortgage Brain boasts of doing significant business with.

On the new deal, Mortgage Brain chief executive Mark Lofthouse comments: “Like us, Coutts is committed to providing the highest levels of customer service and support and by making its residential products available our customers now have a greater choice and certainty of being able to offer a first-class mortgage advice service, which meets all their client’s individual needs.”

Coutts associate director Chris Gallant adds: “This is an exciting next step for us in working more effectively with our intermediary partners, while also making our products more accessible to firms who may not have previously considered looking at Coutts’ products for their most wealthy clients.

“Our flexible lending proposition means we’re able to create solutions that are tailored to the clients’ individual circumstances, taking into consideration a client’s overall assets and investments, not just their earnings, which is especially appreciated by our entrepreneur clients where the majority of their wealth is tied up in the business.”


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(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.


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