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Appointments

Connells Group has appointed two mortgage services development directors. Will Parfitt and Tim Townsend take on the roles as the firm looks to grow its mortgage business.

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JEREZ 2006: Lenders criticised for not increasing proc fees despite cutting costs

Lenders have been criticised for not increasing proc fees despite cutting costs through online technology.Speaking at Todays Mortgage Summit Kevin Patterson, sales director at Park Row says he is amazed that brokers are still fighting the battle for higher proc fees.He says: Lenders argue that their online savings have been wiped out by regulation so […]

Future to waive completion fees

Future Mortgages, the mortgage business of CitiFinancial in the UK, is waiving completion fees on all core products.The offer will save customers up to 650 on a discounted mortgage and up to 850 on fixed rates, and is open until September 1.The offer follows the launch of buy-to-let and 100% fixed rate mortgage product ranges […]

FSA rules out retrospective judgement

The Financial Services Authority has confirmed it will continue to judge firms’ standards of product sales and financial advice by the standards and rules at the time of sale and not retrospectively. This policy will not be changed by the regulator’s move towards more principles-based regulation.The framework the FSA operates under dictates that it will […]

JEREZ 2006: No decrease in fees says FSA

Speaking at the Mortgage Summit in Jerez today, Michael Lord, head of mortgage and credit unions at the Financial Services Authority, says there will be no decrease in broker fees until its goals are met.Lord says that despite regulation costing firms more and the FSA working more closely with trade bodies, there will no immediate […]

Health Shield

Product guide — health cash plans to suit all shapes and sizes

This guide, called ‘Health cash plans to suit all shapes and sizes’, provides information on Health Shield’s standard and tailored cash plans, which are designed to satisfy all business and employee needs. Each scheme can be offered on a voluntary, company-sponsored or flexible-benefits basis.

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