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Anti-fraud initiative

Loughborough is welcoming an initiative to slash fraud against bank and building society customers.

From October 2006, cheques for personal accounts made out solely to an institution will require the name of the account holder in the payee line.

Stephen Peete, chief executive of Loughborough, says: “At present, customers can overlook the dangers of simply making a cheque payable to their bank or building society, because if the cheque is lost or stolen it can be paid into any account with that institution.”


Scotter and McCormick to leave Skipton

Skipton will bid goodbye to Alan Scotter and Ron McCormick as they take early retirement to focus on different business opportunities.Clocking up 45 years with the society and its group between them in a number of roles, their most recent positions have been as group commercial directors. Through their work with the society and its […]

Appointments at Retirement Plus

Retirement Plus, the British Land-backed reversion provider, has appointed Fred Paton and Michelle Martinez as head of sales and operations respectively. Paton was previously national relationship manager at Mortgage Express. Martinez was director of credit and head of risk at Rooftop Mortgages.

Bah humbug to bad lender service

In case you hadn’t noticed, this time of year is considered (advanced warning to those with a low political correctness threshold) the ‘season of goodwill to all persons’. You could be forgiven for feeling someway short of your normal yuletide spirits. Season of goodwill? Not a chance if you are a mortgage intermediary.

S&P sees 100% growth on age-banded MPPI product

General insurance provider Select & Protect says sales of its age-banded mortgage payment protection insurance product, Intego, has increased by 100% since its launch in August.


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