View more on these topics

Elephant Loans appoints BDM

Elephant Loans has appointed Mike Parker to the newly-created post of business development manager.

Parker takes up the position 16 months after joining the company as sales manager within the secured lending division. In his new role Parker will be directly responsible for the management of Elephant Loan&#39s broker services, providing professional introducers with a dedicated manager to handle their new business enquiries.

Parker says: “With October 31 looming, the competition for broker introduced business will rely not only on accurate and fast decisions, but also on solid and professional business relationships. Elephant Loans is dedicated to providing a high quality packaging service to the broker community which now provides 90% of the company&#39s first mortgage and commercial finance business.”


Ensure you have run-off PI

Our PI insurer recently reminded me of an important point: it is useful that PI cover comes as part of an AR package but that does not mean that the broker can otherwise forget about it. PI works on a &#39claims made&#39 basis. This means if a client makes a claim on the broker&#39s PI […]

Consumers say house prices will carry on rising

The Woolwich yesterday released May figures on consumer confidence in the housing market. The percentage of consumers who expect house prices to increase has soared by 11% already this year from 56% to 67%. These figures are close to the peak levels ever recorded by The Woolwich – when in 2002 confidence peaked at 68%. […]

The Mortgage Mole

Dream TeamWith just seven days to go before The Mortgage Works&#39 charity five-a-side football tournament, Mole has to confess to being a little worried about the Strategy staffers who have allegedly been training hard for the event, and would like to point out that alcohol is no subsitute for exercise. “Strategy doesn&#39t stand a chance,” […]

Countrywide to set up UK lender

Countrywide Home Loans, the largest independent originator of mortgages in the US, is planning to launch a sub-prime lender in the UK. A source at the US-based lender tells Mortgage Strategy: “We&#39re definitely launching into the UK and we&#39re definitely launching into the sub-prime market.” Loans will be funded through warehouse lines and then securitised […]


Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.


News and expert analysis straight to your inbox

Sign up