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R3: Group acquires Personal Lines

The R3: Group has bought Personal Lines, bringing total income under its management to £20m.

The Ipswich based R3: Group says that following sustained expansion over the last year, it was attracted to Personal Lines, owned by Keelan Westall, for its &#39homeowner solution&#39 for both intermediaries and their customers.

The company will now operate under the Calibre Home Solutions brand and provide a range of financial services and consumer products such as discounted utilities and telephony for homeowners.

Rob Proudman, director of R3: Group, says : “R3: Group has been looking for some time to broaden its distribution channel and Keelan Westall&#39s IFA distributed business will help the company to achieve this.

This acquisition provides R3: Group&#39s rapidly growing business with a significantly larger platform on which to develop its product offering.”


Mortgage Brain launches compliance events at sporting venues

Mortgage Brain is launching a series of electronic trading and compliance events in the new year at major sporting venues across the UK. Providing a forum for introducers to discuss topical mortgage issues, Mortgage Brain&#39s free premier events will be held at various sporting locations throughout January and February 2004. Introducers attending the events will […]

Lenders reprice SVRs following rate rise

Lenders are repricing their standard variable rates in the wake of the Bank of England&#39s 0.25% interest rate rise last week. Among the first lenders to announce changes to their rates are Nationwide, which will increase its SVR by 0.35% to 4.89% from December 1 and Standard Life, which will increase its rate by 0.25% […]

Will supermarkets take your business?

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HML reaches £20bn milestone

Homeloan Management says that it has reached the important milestone of £20bn in mortgages under administration. This is twice the £10bn figure registered in September 2002 and more than three times the figure in 2000. The company says that the spectacular increase means that if HML were a lender itself rather than a mortgage servicer, […]

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Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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