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Bankhall planning to expand into Europe

It says it will use its expertise gained in the UK to capitalise on the introduction of the European Insurance Mediation Directive which will bring regulation to all member states from January 15.

Group sales director Shaun Godfrey says: “The directive means that 250,000 firms across Europe are about to be regulated in some form or another.”

As well as Bankhall trying to recruit new members in Europe, starting with Ireland, it will help its UK members develop their businesses overseas.

Godfrey adds: “In theory British lenders will be able to sell a mortgage to a French national for example, so there should be a number of intermediaries asking us to help them set up in other countries.”

The expansion plan will be developed over the coming year.


Freedom launches enhanced range of mortgage products

The range now includes a variety of new features. All prime products now offer an extended choice of interest rates up to 90% LTV, with the exception of buy-to-let which has one rate to 85% LTV. There are competitive discounted rates over one, two and three years to 85% LTV, on full status, self-certification and […]

Smee quits Aifa

Smee has held his post at AIFA since September 1999. During that time he has navigated the organisation and its membership through numerous regulatory reviews, including the lengthy consultations on depolarisation, and has steered the industry through a change in legislation, regulators and rules. John Gummer MP, Chairman of AIFA and AMI says: “The IFA industry is […]

Government seeks views on warrant enforcement success rate

A consultation paper, Civil warrant performance indicator – information for customers, asks for comments on the proposals and for information that would be useful to customers of the county courts that enforce judgments. The paper suggests a method for evaluating how effectively warrants are executed by the county courts. Warrants are documents issued by courts […]

Clients gain access to Spanish equity

SPF says it has launched the first product that allows UK owners of Spanish property to release equity of up to 80% of the property value. Until now, releasing equity from a Spanish property, where strong property price increases have occurred in recent years, has been almost impossible beyond 40% of its value. The product […]


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