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RICS’ arms-length regime unveiled

The Royal Institution of Chartered Surveyors has simplified its rules under a new arms-length regime. All RICS firms holding client money will be subject to accounts inspections every three years. Firms with problems will be visited more frequently.

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GEMHL doubles sales team

GE Money Home Lending has doubled its sales and underwriting teams, as well as launching buy-to-let products to its portfolio. The news comes as GE Money adds another two partners, Mortgage 2000 and Personal Touch Financial Services, to its distribution network. GEMHL is introducing a range of buy-to-let products, which will also be available to […]

Praxis staff go green

Staff at Praxis have made pledges to help the environment such as printing out fewer emails and using stairs instead of lifts. The packager hopes to achieve the ISO14001 environmental standard.

Equity release kiosks are a bad idea

Last week I wrote about the need for the mortgage market to open its eyes to the potential of IT. But this must not be done at the expense of the quality of advice. The last thing the market needs is for borrowers to be disadvantaged by firms looking for short-term commercial gain.

Trigold’s product list is five days out of date

I’ve been arranging mortgages for 35 years and have used Trigold for over 10 years. But I was recently informed by a member of staff in its product department that Trigold’s product list is five days out of date. I discovered this for myself after sourcing a mortgage with Nottingham on a five-year fixed rate […]

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