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Freedom appoints three BDMs

Freedom Lending has appointed Louise Hulme, Martin Faulkner and Simon Moss as business development managers.

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RBSIP denies it needs to restore BDM balance

Royal Bank of Scotland Intermediary Partners has denied that voluntary re-dundancies have been off-ered to staff in a bid to balance middle management and business development managers.Last week, RBS’ union Amicus confirmed that 30 people have been offered voluntary redundancies and redeployment from the 250-strong team at RBSIP.One source alleges the redundancies are a result […]

Woolwich aims to exploit prime niches

Woolwich is making a marked effort to rejuvenate its position in the lending market and its strategy is showing signs of success.

Brokers confident about coming year, says Paragon

Brokers’ exectations for growth in mortgage business over the next year remain strong despite interest rate rises, research by Paragon Mortgages reveals.On average, brokers predict that business will increase by more than 6% over the next year, which is the highest expected rise since 1999.Nearly 70% of the financial advisers questioned said that recent interest […]

Sub-prime definitions no easy task

The Council of Mortgage Lenders plans to simplify sub-prime labels, but with lenders’ differing attitudes to risk and understanding of adverse, the devil will be in the detail, says Katie Tucker

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