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Harpenden chairman retires

Roger Smith, chairman of Harpenden has retired, with vice chairman Michael Willis taking his place at the mutual.

Paul Marsden, chief executive at Harpenden, says: “Roger has been a director of HBS since 1981 and chairman since 1999. Since he joined the society we have seen its assets rise from around £8m then to approaching £160m today. He leaves HBS with strong foundations to further develop.”

Willis joined the HBS board in 1993 and was appointed vice chairman in 2000.


BM to offer exclusive packager range

Nigel Payne, managing director of BM Solutions is set to reclaim his title as “friend to the packager,” by boosting proc fees and launching an exclusive product range for packagers. Some packagers feared morphing The Mortgage Business brand into the BM one would spell the end for packager friendly products. Products such as TMB’s House […]

Overhaul Stamp Duty, say experts

Industry figures have called for a root and branch reform of Stamp Duty in response to the government’s tax holiday for properties valued at £175,000 and below.Last week Prime Minister Gordon Brown unveiled his mortgage rescue plan, which included a £50,000 increase in the Stamp Duty threshold for 12 months from September 3.But the Association […]

Crosby deadline brought forward

The long-awaited conclusion of the Crosby review into possible solutions to unblock mortgage finance has been brought forward, Mortgage Strategy can reveal.


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