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Business as usual at TMA

Abbey for Intermediaries says it’s business as usual at The Mortgage Alliance following the departure of head Steve Atkins last week.

Atkins confirmed last week that he was joining Premier Mortgage Services as a successor to John Malone.

Bob Hunt, key relationship director for Abbey for Intermediaries, says: “We wish Steve all the best for the future at PMS, with whom we have a great relationship.

We have a strong and experienced team in place at TMA with John Coffield, business manager, leading the team in the interim period.

TMA’s proposition has expanded considerably over the past 12 months and at the same time has written record volumes of business, which is attributable to the whole TMA team, and we expect this trend to continue throughout 2006. From our perspective, it’s business as usual.”


Bananas deal targets people in sub-prime arrears

Borrowers with sub-prime mortgage arrears are being targeted with a product from Bananas Inc. The product, which is funded by High Street Home Loans, will lend up to 85% LTV to people with arrears of any amount and offers three-year fixed rates from 7.29% and free legal services. It comes with loadings for self-cert and […]

Equity release not a last resort, says Defaqto

Equity release should not be seen as a last resort but considered as a possible solution to financing retirement, says a report out from financial research company Defaqto.It says house price inflation is the driving force behind the growth of the equity release market, with it predicted to grow from 1.4bn this year to 2.4bn […]

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