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Mortgage Support Network receives full authorisation

The network, which has over 1,200 advisers using its support services in the current non-regulated marketplace, received its MTA from the FSA in July and has now received its grant of permission under the Financial Services and Markets Act 2000.

Jason Graham, managing director, says: “It is extremely pleasing for both our company and those firms who have already applied to become our appointed representatives, that we now have our FSA number. The hard work we have put in over the last two years to ensure that we were ready for regulation is now clearly paying dividends.

“However, this is only the start of a long road and the work of ensuring we maintain our ongoing compliance with the FSA rules is only just begining.”

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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 […]

Dashboard joins AMI

Chris Cummings, director of AMI, says: “We are delighted to welcome Dashboard Software as an affiliate member of AMI. We are pleased that such a forward-looking company recognises the need to support the mortgage intermediary&#39s trade association. “The FSA is listening to AMI&#39s views on regulation and we are achieving this level of influence thanks, […]

Britannia half-year results show record lending across the group

All three lenders within the group, Britannia, Platform and the commercial lending department, delivered record first half figures. The group says that quality of lending remains high. Just 4.4% of residential lending for the half year was at more than 90% LTV with the average mortgage LTV at just 66%. And 94% of lending is […]

Evolution of the housing market

As STL Group celebrates its 30th anniversary this year, looking at home buying statistics from 1974 to now seems appropriate. The topic of house prices is never out of the news: house prices soar; dramatic rise in interest rates; no hope for first-time buyers; gentle slowdown to UK&#39s housing market – the headlines go on. […]

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Infographic — health cash plans 2014

Health Shield has strengthened its position in the cash plan market, according to the latest Laing & Buisson report, increasing its market share by income from £27m in 2012 to £29m in 2013. The Health Cover UK Market Report 2014 revealed that the non-profit-making Friendly Society was the only provider in the top four to have increased its market share by income over the past year. Health Shield was also the only cash plan provider in the top four to have increased its market share by income every year for the previous five years. This infographic presents the figures.

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