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Andy Wilgoss is made redundant

Andy Wilgoss, managing director of Square Mile Mortgage Finance, has been made redundant after eight years at the helm of the brokerage.

Two consultants from Square Mile and one from parent Cobalt Capital have also been laid off.

Andrew Montlake, partner at Cobalt, says that he is sorry to see Wilgoss go. He adds: “I am sad that Andy is leaving because he is a good guy and a friend, but the economic climate has forced us to do this.”

Montlake says the Square Mile brand will carry on trading as usual. Wilgoss will not be replaced and Cobalt’s management team will look after the firm.


Brokers defy Big Freeze

Brokers are showing their survival spirit by continuing to work despite being snowed in.

Money Partners stops lending

Goldman Sachs owned Money Partners has suspended new lending due to low demand for its mortgage products.

First-timers seek low LTV deals

Leadbay says first-time buyers are adapting to the low-LTV mortgage environment after noting a rise in the number of borrowers looking for deals with LTVs between 70% and 90% in the past six months.

Guarantees in the retirement income market

Lorna Blyth, Royal London  Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]


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