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Knight Funding appoints BDM for Midlands

Packager Knight Funding has appointed John Cullen as business development manager for the Midlands region.

With 25 years experience in the mortgage industry, John&#39s career started in branch building societies including Bradford & Bingley, Nationwide Anglia, Derbyshire and Leeds and Holbeck.

The last 10 years have been spent in the intermediary side of the mortgage industry, primarily in business development roles for lenders (including Verso) and packagers (including TMO), as well as setting up a mortgage desk for a London-based IFA.

Frances Scanlan, CEO of Knight Funding, says: “We are delighted to welcome John to the business. At a time when we are rolling out our business expansion strategy, John&#39s experience and expertise will prove invaluable to the success of our plans and will help to build the future strength of Knight Funding&#39s sales support structure.”


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 […]

Vox Pop – Should networks be responsible for KFIs?

Sesame revealed last week that it was to become the first network to take responsibility for ensuring the accuracy of the Key Facts Illustrations brokers get from its customised version of Mortgage Brain and Trigold. Although Network Data has gone so far as to guarantee the accuracy of data this only applies to KFIs obtained […]

Amber sells £22m self-cert prime mortgage assets to Ipswich

Amber Homeloans has announced the sale of self-certification prime mortgage assets worth around £22m to the Ipswich. Ipswich says this portfolio sale will allow it to further develop its mix of lending business. It says borrowers will not see any change to the terms and conditions of their mortgage as a result of this transaction […]

A summary of the Scottish housing market

•House prices in Scotland have risen by 207% since the beginning of 1983, from £27,800 to £85,212 in 2004 Q1. •During 1983-2003 house prices in Scotland increased at an average rate of 5.3% per annum. •There was no boom and bust cycle in Scottish house prices during the late 1980s and early 1990s. •House prices […]


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