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Change at the top for DFS

Direct Financial Services has changed its senior management structure. Founders Malcolm Davidson and Alex Knaggs will become joint managing directors. They will steer the direction of the group’s activities, which cover mortgage packaging, financial advice, estate agency and property investment.

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Paymentshield takes more flak

Paymentshield has come under further criticism from rival product providers for axing renewal commission to brokers who are no longer regulated to sell general insurance.Lee Titcumb, managing director of Centrepoint Insurance Services, says brokers who have sold the pro-ducts in good faith should have their commission entitlements honoured, irrespective of whether they are still regulated.He […]

Best advice must lead everything

If brokers want to ensure a steady pool of new clients they must use the internet either by having their own interactive website through which clients can get in touch if they need advice, or through a lead generator sourcing leads from the internet for them.

Stroud & Swindon launches new range of two-year fixes

Stroud & Swindon has launched a new range of two-year fixed rate products.The first of its range is a two-year fixed rate at 5.09% fixed rate until February 28, 2009, then Bank Of England Base Rate plus 0.99% for life of product. It also has a maximum loan to value of 90%, and early redemption […]

Specialists widen the funding options

New funding techniques have been central to the boom in mortgage lending over the past 10 years. While they generally do not impact directly on the daily lives of intermediaries, it is important that we all have a basic awareness of the pro-cesses involved.

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