View more on these topics

Monty Burn announces retirement from broking

Mortgage Watchdog chairman Monty Burn has announced his retirement from broking and is to join Mortgage Strategy as a weekly columnist.

Burn, a former MCCB compliance officer, says it is time for him to move on and take a less active role.

He says: “I have taken Mortgage Watchdog as far as I can on limited resources and the company needs to either form an alliance with a mortgage packager or have an injection of funds.

“I am prepared to relinquish ownership of Mortgage Watchdog and will write a weekly column for Mortgage Strategy as I have views on numerous matters in the mortgage and insurance industry.”

Burn has had a chequered career having served as the mortgage compliance officer at the MCRI, the predecessor to the MCCB, where he was sacked for highlighting the scams within the mortgage and insurance industry through his book, The Mortgage Bible.

Branded a whistleblower Burn was soon appointed the resident mortgage expert “The Mortgage Buster” on the Trevor McDonald Tonight show.

Sir Trevor McDonald referred to Burn as “a champion of the people.”

Mortgage Strategy publisher Patrick Ponsford says: “Over the years Monty&#39s contribution to the mortgage industry has been truly remarkable and we&#39re delighted that he has chosen to join Mortgage Strategy with an exciting new weekly column. Watch this space.”

The brand name Mortgage Watchdog will be sold along with the website.


PInk appoints BDM

Pink Home Loans has appointed Lisa Broomfield as business development manager for Scotland and Northern Ireland. Broomfield joins Pink from BM Solutions, where she held the position of business development manager for the same region. Previously, she worked for traded endowment company Beale Dobie and for Legal & General as a business development manager for […]

Packagers warned against isolating themselves from regulated market

Bill Warren, network director of The Complete Network, has urged packager firms to make the most of opportunities for business development as FSA regulation approaches. Speaking at the recent IIR Mortgage World conference, Bill Warren warned packager firms of the dangers of isolating themselves from the regulated environment, which could result in business stagnating. He […]

em-homeloans adds to Platform-funded product range

Branded lender em-homeloans has announced three additions to its product range funded by Platform. The additions include a minor adverse self-certification product with a maximum LTV of 75%. There is a range of rates available from one to two-year trackers, where the reversion rate is LIBOR plus 2%. There are also two exclusives offering £650 […]

Preferred adds extra 0.25% discount to larger loans

Preferred Mortgages has added an extra discount of 0.25% on all loans over £200,000. The extra discount means the total discount is now from 1.75%. The limited offer is available on all core range products until July 1 2005. John Webster, business development director at Preferred, says: “With house prices continuing to increase, larger loans […]


News and expert analysis straight to your inbox

Sign up