The Mortgage Mole

Digging the dirt in the mortgage world...

Day at the races

Mole had a great time at Epsom races last weekend in a corporate box overlooking the finish line, courtesy of edeus.

Mole won some and lost some, but seeing Frankie Dettori first past the post in his 15th attempt to win the Derby made it all worthwhile.

Mole was also pleased to bump into football commentating legend John Motson in a dazzling tie and equally dazzling spirits (see pic below). But the highlight of the day had to be hanging out of the window of the gents with Mortgage Distributor sub-editor Roy Akong, snapping photos of the Queen as she wandered around the paddock inspecting the horses.


Specialist lenders GMAC-RFC, Mortgage Express, Platform and Kensington Mortgages battled it out in a soccer competition last week. GMAC-RFC and Kensington made the final and after a gruelling 90 minutes, the former walked off with the trophy.

An out-of-breath Ian Giles, marketing director at Kensington, was es-corted from the pitch at one point due to worries that he might collapse. Giles, who claims he gave it his best shot, confessed to Mole it took him 48 hours to get his breath back.

“I’m not about to disclose my age but I reckon I was the oldest person on the pitch,” he told Mole.

House of card

Not to be upstaged by the slick marketing of brokers, Halifax decided to promote its mortgage services in a highly professional manner last week. Glue stick in hand, a creative member of staff at its Oxford Street branch fashioned a rudimentary house from cardboard and sticky tape, adorned with Halifax flyers promoting the lenders’ mortgage products.

Mole went to the branch to see the marketing masterpiece for himself and enjoyed the complimentary cakes and fizzy drinks on offer.

Driving force

When Mole is invited to an industry event, he al-ways takes advantage of the taxi ride to chat to the driver and dig the dirt on celebrity passengers or discuss the mortgage market.

Last Thursday, after Friends Provident’s 175th birthday bash, Mole was chatting to his chauffeur who bragged about having sued a national newspaper after being portrayed as a football hooligan during the infamous England versus Ireland game in 1995, which he considered a slight on his reputation.

But he later confessed he had spent five years in prison for a particularly violent crime. Mole may walk next time.