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Your Broker Network offers 60% commission

Your Broker Network is offering brokers 60% commission of the total income.

Graeme Wade, business development manger at Your Broker Network, says: “This is a tough time for all involved in finance and we feel that it’s right to help as many companies out as possible.

“With offering this commission split it will allow companies to increase front end income.

“This offer is for applications completed before end of March but we may look to extend following feed back from the market.”

YBNS will be offering a wide range of incentives through out the year in order to assist introducers.


Lloyds TSB and BoS lose their AAA rating

Moody’s Investors Services has downgraded the credit ratings for Lloyds TSB and Bank of Scotland from AAA to AA3 as a result of HBOS’ high exposure to risk.

FSA bans fraudulent mortgage broker

The Financial Services Authority has banned Leo Kusi-Appiah, who traded as Oxford House Financial Services in North London, for submitting fraudulent mortgage applications in his own name, his wife’s, and a fictitious person called Kwadjo Amoteng.


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