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Pink simplifies 24-hour broker commission payment service

Pink Home Loans is simplifying its 24-hour payment of broker commission service, which pays commission fees within 24 hours of legal completion.

Pink customers will no longer be required to send the 24-hour payment form to the solicitor for confirmation that the case has completed. Instead, the intermediary can now complete the form to indicate that legal completion has taken place and forward it directly to Pink Home Loans.

Mark Howell, marketing manager at Pink, says: “The enhancements made to the payment of broker commission within 24 hours will simplify the process and make it easier for customers to request this already popular service. We also offer the option of paying broker commission directly into bank accounts via BACS, which speeds up the service even further.”


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%. […]

Number of housebuyers falling, says NAEA

The number of housebuyers on the books of estate agents fell by 13.6% last month, figures released by the National Association of Estate Agents show. The NAEA&#39s monthly survey of almost 10,000 agents across the country also revealed that new applicant enquiries fell 24.1% over the last three months, as homebuyers demonstrate an unwillingness to […]

Kent Reliance appoints Rob Procter as deputy chief executive

Kent Reliance has announced the appointment of Rob Procter as deputy chief executive and a member of the main board. As head of lending, Kent Reliance says Procter has been instrumental in the comprehensive revision of the society&#39s lending policy and product range. He established Kent Reliance&#39s commercial lending and buy-to-let teams and is also […]

DVH believed to be making B&B assets bid

Direct Valuations Holdings is believed to be mounting a £62m bid for Bradford & Bingley&#39s estate agency, surveyors Secure Move and Charcol. DVH already has a 75% stake in franchise brokerage mortgageforce and controls some 200,000 valuations a year for eight lenders including Northern Rock, Standard Life and HSBC. Sources say DVH group chief executive […]

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Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


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