View more on these topics

TMA ramps up bridging proposition

The Mortgage Alliance is looking to ramp up its bridging finance proposition after entering into talks with a number of specialist providers.

TMA has a bridging finance partnership already in place with Cheval but is looking to expand this proposition for its members.

Phil Whitehouse, head of TMA, says: “Options and choice are valuable commodities in the modern mortgage market and bridging finance is a viable option for brokers if their clients need to borrow short-term finance quickly to solve a range of potential deal breaking issues.

“We are looking into expanding our offering in this sector but as with anything it is vital that we choose our partnerships wisely and we are undertaking strict due diligence procedures before entering into such a partnership.

“Bridging finance remains a good option but it may not be for everyone and it is important that brokers and bridging providers fully understand the full implications of what the finance is being used for and if this is the best option available.”


Retirement Plus revamps website

Retirement Plus has revamped its website to include additional equity release information, as well as an online calculator giving instant estimates of how much money clients could raise through equity release.

CBI calls for rate cuts amidst weak growth

Businesses are calling for a 0.5% rate cut against a forecast of the weakest growth since 1992, reveals the Confederation of British Industry.


Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.


News and expert analysis straight to your inbox

Sign up