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Buildstore registers 1,000 introducers

Self-build and renovations specialist Buildstore has clocked up over 1,000 registered introducers nationwide since launching BuildLoan in January 2002.

BuildLoan says the intermediaries who have used its service have been able to offer a proper self-build product and service to their clients for the first time.

Buildstore&#39s BuildLoan package includes features such as loans of up to 95% of the cost of the land, and up to 95% of build costs, self-certification for self-employed and contract workers, allowing self-builders to stay in their old home during construction, and staged mortgage payments at each build stage.

Raymond Connor, managing director of Buildstore, says: “With almost 20,000 new self-build homes completed last year, it is not surprising that intermediaries are having to rethink self-build from a &#39niche market&#39 product to a &#39must have&#39 service for their clients. We are delighted by BuildLoan&#39s success to date and see significant growth potential through intermediaries in the coming year.”


High Street Home Loans launches online Monopoly League

High Street Home Loans is organising the mortgage industry&#39s first ever online Monopoly League, with the winner and partner celebrating with a Caribbean holiday cruise worth more than £2,000. Gary Forrest, managing director of High Street Home Loans, says: “Monopoly is probably the UK&#39s favourite Christmas afternoon family game – everybody has played it at […]

Platform set to unveil new brand strategy

Platform, the new one-stop lending arm of Britannia created from the merger of Platform Home Loans and Verso, will unveil its new brand on January 30. Platform&#39s range of products will include the buy-to-let and self-cert products that used to be sold through Verso and the non-conforming range that was under Platform Home Loans, plus […]

Broker causes controversy on TV game show

A broker with strong opinions made a controversial TV debut last week on Channel 4&#39s latest and nastiest quiz game, Without Prejudice? The new eight-part Tuesday night show, hosted by Liza Tarbuck, features members of the public who must decide which of five contestants walks off with a £50,000 prize. Panellists can quiz contestants about […]

Mortgages PLC appoints head of compliance

Mortgages PLC has appointed Phil Tinsley as head of compliance in a drive to ensure its systems and staff are fully prepared prior to the introduction of regulation in 2004. Tinsley previously worked as a manager in the Financial Services and Regulatory Consulting Group of PricewaterhouseCoopers, where he dealt with the FSA and other bodies […]

Retire, retirement, calculator

Defined benefit schemes: Part 2

Justin Corliss, business development manager In defined benefit (DB) schemes part 1, we looked at recent guidance aimed at DB scheme trustees and sponsors. In part 2 we will look at guidance available to pension transfer specialists (PTS). In the first instance, PTS should familiarise themselves with COBS 19. All guidance below is designed to […]


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