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The Mortgage Mole

Big talk The biggest man in mortgages met one of the biggest men in politics last week, when Eric Pickles, secretary of state for communities and local government, visited the offices of Brightstar Financial in Essex.

Pickles, who is MP for Brentwood and Ongar in Essex, paid mortgage giant Rob Jupp and his team a visit last Friday.

Jupp’s office manager William Lloyd – the youngest Conservative party councillor elected in 2007 – arranged the meeting.

Jupp and his colleagues had the chance to tell Pickles, who is boss of housing minister Grant Shapps, what could be done to boost the housing market.

Although Pickles had few solutions for the housing market’s problems, Jupp described him as a good listener.

Driving force Tim Wheeldon, joint managing director of Fluent Money, was hoping to steer his way to victory at the weekend in the UK Saker Sportscar Challenge.

Taking part in the first race of the 2012 season, he headed to Zandvoort, Holland, in a bid to repeat last year’s success as the most successful driver in the series. The inaugural UK series saw Tim appear on the podium 23 times out of 26 races.

“The pressure is certainly on for me to match my performance from last year, but I’m ready for the challenge,” he told Mole.


Halifax launches two products for NewBuy

Halifax has become the fourth lender to launch a range of 95% LTV deals for the government’s NewBuy Guarantee scheme. In March NatWest, Nationwide and Barclays were the first three lenders to launch products for the scheme. NatWest only offers its products direct, while Barclays is offering its deals through a limited number of brokers […]


Brokerage could leave liabilities of over £7m

Carrington Carr Home Finance, which appointed an administrator on March 20, could leave liabilities in excess of £7m, according to its latest accounts. The brokerage, a subsidiary of Carrington Carr Holdings, has blamed legacy claims with respect to the alleged mis-selling of payment protection insurance for its demise. Carrington Carr Home Finance’s latest accounts, which […]

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.


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