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Dragonfly to pick partners after winning FSA approval

Dragonfly Property Finance has been approved by the Financial Services Authority and will start to accept regulated business from August 1, 2012.

Dragonfly plans to have selected 10 key partners by then that will broker all regulated deals during the initial rollout.

To ensure it can cope with the increased demand that will come with FSA approval, Dragonfly says it will be announcing high-profile industry hires in due course.

Jonathan Samuels, chief executive officer of Dragonfly Property Finance, first revealed that the lender was applying for authorisation last year.

He says: “To have received FSA approval is fantastic news and as a fully authorised lender we intend to put our foot down even harder on the pedal.

“It is harder than ever to get regulated so it is a huge vote of confidence in our business model. It is also a credit to the entire team that the approval process took such a short time.”


Government loans to offer lenders a lifeline

Mortgage lending is set to receive a boost under government proposals to offer cheap loans to banks through its funding for lending scheme. Delivering their annual Mansion House speeches to the City last week, chancellor George Osborne and Bank of England governor Sir Mervyn King revealed an ambitious scheme to boost mortgage and business lending. […]

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 


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