View more on these topics

Mutual ponders overhaul of fees

Nationwide is mulling over changes to its fees structure in a bid to align it with the business volumes brokers generate for the society.

Peter Leydon, divisional director of prime intermediary lending at Nationwide, wants to overhaul the lender’s fee structure.

He is considering approaches used in sectors such as insurance where flexible payments are made. He says: “I want to know whether there’s a way we can reward brokers differently rather than via the transactional relationship of proc fees. It’s about ensuring value is shared between providers and distributors.”


Buy-to-let to last

At the end of last week I was fortunate to spend a couple of very educational days at the buy-to-let Summit. It is important to realise that the issues facing lenders at present are not set to go away any time soon. I have long feared that the reality of the situation is that we […]

Investors still believe in securitisation

A whopping 75% of investors believe securitisation still has a role to play in funding consumer lending, a survey published last week reveals.

Network Data agrees refinance deal

Network Data Holdings has secured new banking facilities with Bank of Scotland Corporate.The company says the new finance package is a significant improvement on its previous arrangements.It includes a 10-year loan of £3.5m to refinance existing debt and provide additional working capital, and an overdraft facility of £1m.The move involved a revaluation of the group’s […]

SPF reports record results for 2007

Savills Private Finance says 2007 was a record year for the brokerage with underlying profit before tax rising by 16% from £4.4m in 2006 to £5.1m.Despite the market downturn in the second half of 2007, it says that revenue increased by 11% in 2007, rising from £26.9m in 2006 to £29.8m in 2007. Margins also […]

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


News and expert analysis straight to your inbox

Sign up