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Cheval sales rose 55% during 2006

Cheval saw net sales grow by 55% in 2006. It attributes this increase to its approach to bridging loans, with LTVs being seen as guidelines rather than obstacles.

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Brokers are positive about AVMs

Brokers are positive about the role of automated valuation models despite research from Pink Home Loans showing 10% have never heard of them.

KPL joins Trustguard’s second charge panel

Trustguard Credit Services has appointed Kensington Personal Loans to its second charge lending panel. Trustguard will have access to KPL’s near prime to unlimited adverse range. Sian Brown, national sales manager at Trustguard, says: “Given that only a handful of packagers will initially have access to KPL products, this appointment is a testament to our […]

Government announces national financial advice service

The government has launched its long-term approach to financial capability which includes designing a national generic advice service. Ed Balls, economic secretary to the Treasury, revealed that a new taskforce, led by Otto Thoresen, chief executive of AEGON UK, has been asked to research and design a national generic financial advice service – ensuring that […]