Cheshire sues surveyor for £9m

The Cheshire is suing Dunlop Haywards Chartered Surveyor for £9m following an investigation by the Serious Fraud Office into alleged fraud by former head of valuations Ian McGarry. This follows the revelation of “extreme inconsistencies” in a commercial valuation made by McGarry, who was arrested and released by police last March.

RBSIP to shed middle managers

Trade union Amicus has confirmed that some of the 30 staff offered redundancy at Royal Bank of Scotland Intermediary Partners are in the middle management tier. Sources say they are being cut to bring numbers more into line with a falling number of BDMs, something the lender denies.

Accord unveils remortgage deals

Accord Mortgages has launched a range of remortgage products in association with eConveyancer. The service offers a choice of solicitors and customers can opt to pay product fees or not.

Optoma and B&W part company

Optoma Broker Solutions has removed Bristol & West Mortgages from its panel by mutual consent.