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Abacus launches product range with Friends Mortgage World

Marc Turner, head of sales at Abacus Permanent, says: “We are delighted to be able to offer our products to intermediaries and to be affiliated to this leading network.

“Since the launch we have rapidly grown to be considered one of the market leaders in branded lending and this will undoubtedly increase distribution even further. This appointment endorses our offering and proves that we are providing the market with a valuable selection of products.”


Trevor Galvin, mortgage proposition manager at Friends Mortgage World, says: “Abacus Permanent is continuing to provide intermediaries with an added value service and this alliance is a great opportunity for both firms.”


Launched in November 2002, Abacus Permanent deals exclusively through the intermediary market and offers the benefit of a personal service as well as up to the minute technology and competitive procuration fees.


Insurance clubs may be doomed

There is a system of broker networking that looks to be heading for extinction after general insurance regulation. Insurance clubs, through which brokers group together to share views, ideas and information on the market – and in some cases negotiate deals for themselves with insurance providers – are likely to become less common. In fact, […]

TBMC receives authorisation from FSA

Ian Wheadon, TBMC director, says: “whilst buy-to-let and commercial mortgages remain predominantly outside of the regulatory parameters, we wanted to ensure that we were in total control of our advertising and marketing activity with reference to MCOB3. “We also wanted to be in a position to cover every eventuality within our specialist market sector to […]

PMP gains full authorisation from FSA

The grant of permission under part IV of the Financial Services and Markets Act 2000 makes Professional Mortgage Partnerships fully authorised with effect from October 31 2004. David Dodsworth, compliance manager at Professional Mortgage Partnerships, says: “We are of course delighted to have received this authorisation. I would say that we have moved quickly, by […]

Sesame users switching to Trigold

Sesame is committed to offering its members the best software and services and made the decision to make Trigold available to its members to ensure the best choice. Andy Young, head of mortgage services of Sesame, says: “This is a clear endorsement of our decision to make Trigold available to our members. With regulation almost […]


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