Rebecca Atkinson has joined Mortgage Strategy as a reporter. Rebecca joins the team from EMR, a promotions and publishing company where she was a journalist on several publications. Rebecca says: “I’ve already dipped my toe into the mortgage and financial services water during my time at EMR but look forward to taking the plunge with the industry’s premier trade magazine.” Rebecca can be reached at rebecca.atkinson@ centaur.co.uk.
The Ombudsman for Estate Agents Company Limited has secured OFT approval for its consumer code of practice. The code is designed to ensure consumers get a fairer deal when using OEA estate agents’ services.The OEA represents around 40% of estate agency offices in the UK.Members of the OEA can now use the OFT approved code […]
Research showing intermediaries do 58% of their business through just three lenders sparked concern in the industry last week. The findings from Charterhouse Research also showed that brokers are placing business through an average of just 11 lenders, which has caused some to question whether intermediaries are offering the best possible advice to their clients. […]
Industry pundits says that today’s rate hold came as ” surprise.”Duncan Pownall, mortgage development manager for Bradford & Bingley, says: “Even though the MPC cut base rate last month, only five out of the nine policymakers,excluding Mervyn King, voted for the reduction. “Indeed with the jump in the inflation rate, rising oil prices and signs […]
Juan Rodriguez Inciarte, director general of Spanish banking giant Group Santander, says Abbey will win confidence with the public and intermediaries by offering more choice, better prices and products they really need. Speaking at Mortgage Strategy’s Mortgage Summit in Jerez, Spain, Rodriguez Inciarte told delegates: “The way we can achieve this is by having more […]
By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]
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