View more on these topics

Exclusive: Square Mile to join Cobalt Capital

City broker Square Mile Mortgage Finance is to terminate its relationship with Hamptons International Mortgages and become an appointed representative of Cobalt Capital.

In a move that will shake up the London mortgage broker market and give Cobalt Capital a link in the City , Square Mile, the reigning Mortgage Strategy Small Broker of the Year, will become an AR of the new Cobalt group.

The move confirms Cobalt Capitals claim that the recent merger with Chelsea Mortgage Management was only the first step in a series of carefully planned expansions, which will make the company the largest truly independent mortgage brokerage in London, with projected annual mortgage lending in excess of 1billion.

Julian Ingall, partner, Cobalt Capital, says: “This is another huge step forward for Cobalt and we are delighted to be joining forces with a company as prestigious as Square Mile.

“Andy Wilgoss and Steve Smith are well known and respected characters within the industry and their forward thinking makes this a natural partnership for us.

“The power generated by two successful brands within the marketplace joining forces will enable us to benefit from even more buying power with lenders, and, also, shows potential new employees that we are serious about taking Cobalt forward.

Square Mile managing director Andy Wilgoss, adds: We are delighted to link up with Cobalt as this alliance is a natural fit between two strong brands. To complete our separation from Hamptons, we are simultaneously re-locating to prestigious new offices in the Square Mile

This latest move gives Cobalt a foothold in the City to compliment its offices in Knightsbridge and Bristol.


Prices rose 100% in past five years

Average house prices have risen 100% in the past five years. Hometrack says, had you invested 100,000 in property five years ago, the average return would be 98.9%. Towns showing the largest increases in the past five years are Llandudno, Plymouth and Doncaster, while those with the smallest rise were Guildford, Reading and St Albans. […]

It should be me that wins the PSP – it’s just not fair

From Helen Thomas The recent correspondence in Mortgage Strategy on freebies saddens me. I have been a lone broker since March, having worked for numerous companies before that. I now get no freebies from anyone. To be honest, being a young female on her own, fairly attractive with blonde hair and large bosoms, I thought […]

Market forces leave fringe regions stranded

Market forces are leading to the creation of dominant regional cities with little economic benefit enjoyed outside of central metropolitan areas, says the Royal Institution of Chartered Surveyors. At the first of a series of fringe meetings taking place at the Liberal Democrat, Labour and Conservative Party conferences, RICS called for attention to be directed […]


News and expert analysis straight to your inbox

Sign up