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Barclays to invest more in Woolwich products

Barclays has admitted that it needs to invest more into its mortgage products through The Woolwich brand next year.

The bank recently decided to bring its entire mortgage processing inhouse and will also count service as a key priority for 2006. It hopes the decision to take control of its mortgage operations from product development onwards will help support its service aims.

David Finlay, intermediary business director at Barclays, says: “Bringing our mortgage processing inhouse is a major step forward. During the last few years we have not invested enough in our mortgage products. But when you look historically at The Woolwich as an intermediary mortgage brand, it has always been strong.”


Management restructure at Skipton

Following the early retirement of two of Skiptons executive directors, the society has made several appointments. With the society and its 16 subsidiaries, the position of group corporate development director has been created to ensure the Group remains on target for future growth. Leading in this role will be David Cutter, currently the societys operations […] predicts increased housing transactions in 2006 predicts a 30% increase in housing transactions in 2006, but says much movement on prices is unlikely. Jim Buckle, managing director at, says: The dark days of late 2004 and early 2005 for the housing market are well and truly behind us. Propertyfinder.coms research tracking buyer and seller confidence is a good predictor […]

Leeds appoints Kavanagh as non-executive director

The Leeds has appointed Carol Kavanagh as a non-executive director. Kavanagh is a human resources director and one of only nine directors on the main board at Argos. Born in Leeds, Kavanagh was educated at Manchester University and Nottingham Trent University and achieved a BA Hons in Latin with French and an MA in strategic […]

House prices to rise and interest rates to fall, says John Charcol

House prices in the UK will rise by 5.5% by the end of 2006 and the Bank of England base rate could drop by 0.75% in the next 12 months, says John Charcol.While there was only one base rate reduction during the whole of 2005, speculation has been rife throughout the year on the impact […]


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