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Mandy Spink speaks out in MS

Mandy Spink, the Financial Services Authority’s newly appointed head of mortgage and credit unions, has urged brokers to ramp up their standards and become more principles-based.

In her first mortgage industry interview, Spink tells Mortgage Strategy: “I want to see less non-compliance because the recent Treating Customers Fairly results for small firms were disappointing.”

l See Interview, pages 58-59


Beacon appoints sales director

Beacon Homeloans has appointed Clive Willson as sales director.The sub-prime lender has also appointed Beverley Morris as head of sales.Andrew Townsend, group managing director at Beacon, says: I am delighted to announce Clive and Bevs appointments to these roles within Beacon Homeloans. They have both contributed enormously to the development of Beacon Homeloans, and am […]

Inflation slows to 2.5% in April

The Consumer Price Index – the government’s measure of annual inflation – fell to 2.5% in May from 2.8% in April.The main downward pressure on the CPI annual rate came from average gas and electricity bills which continued to fall this year, but rose a year ago.The main upward pressure on the CPI annual rate […]

Dark days ahead for housing market warns Lib Dems

The Liberal Democrats have warned that any future rate rises will lead to a national housing crisis.Vince Cable MP, shadow chancellor for the Liberal Democrats, says: “Many families are now struggling to meet interest payments as house prices and interest rates continue to rise. The ominous warning today from Mervyn King suggests there is at […]

Spinnaka appointment

Darrell Scholes has joined surveying firm Spinnaka’s management team. Previously he was head of corporate relationships at Ashdown Lyons and spent seven years as a board director with All Types of Mortgages. His responsibilities will include managing Spinnaka’s client relations team.


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