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Paul Rumbold quits Cheval

Paul Rumbold, sales and operations director at Cheval Property Finance Plc is to leave the company because of personal reasons.

Ellis Sher, managing director at Cheval, says: “We would like to wish Paul all the best for the future. We understand his desire to be closer to his family in Manchester and while we are sorry to see him go, we are in a tremendous position to move the company forward. We are investing heavily in technology and people to cement our position as the countrys leading provider of bridging finance.”

Rumbold says: I am sorry to be leaving Cheval at such an exciting time in its development, and I wish it every success in the future. I wish to pursue other opportunities, and I am looking forward to new challenges.

Whilst the company has not yet named Pauls replacement, marketing manager, Mark Posniak will continue his work in developing the Cheval brand.


Employment at record high

Twenty years after unemployment hit a post-war high, the government says employment is now at record levels. Speaking on the twentieth anniversary of the highest unemployment in post-war history, the minister for employment and welfare reform Jim Murphy says: “Twenty years ago claimant unemployment hit a post-war high. “Since then employment is up by four […]

Advantage joins RAMP panel

The Regulatory Alliance of Mortgage Packagers has appointed Advantage to its panel.

Packagers must give more information about their financial positions

From David WylieI read with great interest the comments from Payam Azadi in his earlier published in the August 7 issue of Mortgage Strategy. I wholeheartedly agree with everything he said and believe that companies should be made to provide more information in press releases when they contain claims of sunstantial levels of growth. The […]

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Guide: Johnson Fleming produces auto-enrolment checklist

For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.


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