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Quickbridge offers Porsche prize

Quickbridge is offering introducers the chance to win a Porsche 911 Turbo driving experience. Brokers who submit bridging cases by April 2 will be entered to a draw and the successful broker will win the opportunity to drive the car over the Easter weekend. The draw will be made by Mortgage Strategy deputy editor Robert Thickett on April 2.

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Gadhia returns to Virgin as chief executive

Virgin Money has appointed Jayne-Anne Gadhia as chief executive.Gadhia was formerly managing director of consumer finance at the Royal Bank of Scotland but resigned in December 2006 a week after an internal memo she sent was misinterpreted by staff who feared the One account was to be replaced with NatWest One.RBS said her resignation was […]

AMI predicts the regulation of second charge mortgages

The EU directive on harmonised mortgage regulation in member states could force the regulation of second charge mortgages, predicts Chris Cummings, director general of the Association of Mortgage Intermediaries.Speaking at a seminar at Financial Services Scotland in Glasgow, Andrew Turrell, manager in the mortgage and credit unions department of the Financial Services Authority refused to […]

Scarborough buys CI business

Scarborough has bought Portman’s Guernsey-based offshore deposit-taking business Portman Channel Islands. PCI has a deposit book of around £600m and about 8,000 customers. PCI will be rebranded and trade as Scarborough Channel Islands.

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