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Kensington Mortgages appoints e.surv as valuations manager

Richard Sexton, e.surv&#39s national BDM, says: “We have worked with Kensington Mortgages over many years as a supplier and were delighted to be chosen to fulfil this support role for Kensington at such an exciting time in its development.”

Richard Anderson, director of new business for Kensington Mortgages, says: “The e.surv proposition was a close fit to our needs and we look forward to developing the relationship in the coming months.”

Both Kensington Mortgages and e.surv have increased their respective market shares in recent years and have developed unique IT platforms which will interface as part of the arrangement.


30% of networks will have trouble come Mortgage Day

PMN believes that many networks who have paid lip service to the statutory requirements imposed on them as principals under the regulatory regime of the Financial Services Authority will be denied the ability to function properly, or in some circumstances, at all. The regulator is currently about to embark on a major round of network […]

Mortgage Express reaches £100m lifetime completions

With a fixed rate of 6.99%, response to Mortgage Express&#39 lifetime mortgage has been overwhelming. Mortgage Express has acquired nearly 30% of intermediary lifetime business since launching its product in October last year. This milestone comes in the wake of figures released by the Council of Mortgage Lenders in August that showed that the total […]

Derbyshire brings cycling event to East Midlands

Derbyshire has joined forces with regional sponsor emda and the tour organisers to be sponsors of stage three of the race in the East Midlands on September 3, 2004. One of the highlights of the stage will be a special sprint finish for prizes, adjacent to the society&#39s headquarters in Duffield. 16 teams, made up […]

Nationwide launches lower fixed rate mortgages

A two-year fixed rate is available from 5.19%, a three-year fixed rate is available from 5.49% and a five-year fixed rate is available from 5.59%. All Nationwide fixed rates allow borrowers the additional flexibility to overpay or underpay during the fixed rate period and are available to all borrowers. Nationwide will withdraw its current range […]

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England vs Australia: pensions

Well, the cricket season is here, and England and Australia are stepping up to the wicket. Although we compete with each other in the sporting world, when it comes to pensions, Australia’s pension programme is held up as a model for our auto-enrolment initiative. Auto-enrolment was introduced because people weren’t saving enough into their pensions, and it is still early days but signs are positive. However, in Australia, saving into a pension is compulsory, and in fact employers are the ones who have to pay in. Employees in Australia can make additional contributions into their pensions, but they don’t have to. Should the onus be on the employer or employee to save? Well in the UK we think it’s both, but to get ‘adequate’ savings for retirement it’s the employee who has to pay more in.


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