c2-financial says it will be spending the money it would have spent at this year’s Mortgage Business Expo on intermediaries instead.Justin Caffrey, managing director of c2, says: “The Mortgage Expo has become less relevant to us this year and we find it to be an unnecessary ex-pense. We will shortly be announcing a groundbreaking incentive to intermediaries whereby we will be looking at ways in which we can return that budget back to them.” Daniel Nwaokolo, show manager for the Mortgage Business Expo London, has thanked c2 for its support since the launch of the event. He says: “I hope the Expo has contributed in some way to c2’s record profits and success over its four years exhibiting with us.” This year’s Mortgage Business Expo is taking place on November 15 and 16 at Earls Court in London, with an expected 230 exhibitors – an increase of 19% on last year.
The Coventry increased its mortgages and other loans by 385m its interim results for the first half of 2006 reveal.Other highlights include a growth of 4.3% in assets for the six months, which now exceeds 11.5m. Growth in savings balances were up 4.9% to 7.8bn, and profit before tax was up 13% over the same […]
The future of mortgage distribution is the title of a recent KPMG report commissioned by the Financial Services Authority. This report is in the public domain and the executive summary and web address from which the report can be downloaded are shown in the box below.
Although the equity release market holds huge potential, and consequently presents great sales opportunities for mortgage brokers and IFAs, it is also one of the most controversial and complex areas of mainstream personal finance. Brokers are taking on board the complexities of equity release, but there are still instances of poor practice in this field. […]
edeus, the new mortgage lender set to launch in September 2006, has agreed a strategic relationship with Savills Private Finance as its first national brokerage.Savills is the specialist financial services division of Savills PLC, the UK’s largest property consultancy business. Savills was launched in 1997 to offer advice individuals on complex, six-to-seven figure mortgage arrangements. […]
Maybe not as frightening as coming face to face with the Daleks but the problem of how employees access their defined contribution (DC) pension schemes and ‘decumulate’ seems to be growing and exercising a lot of capable minds in the pensions world. With income drawdown on the increase (now the most popular form of ‘decumulation’ […]
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