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Mark Harrison departs GE Money

Mark Harrison, sales director at GE Money Home Lending, has left the lender by mutual consent.

Harrison was at GEMHL for around 12 months and was responsible for its credit broker channel.

Mark Snape, sales director for GEMHL’s packager channel, will take on a wider role and replace Harrison.

A spokesman for GEMHL says it is structuring the firm to meet the challenges going forward.

GEMHL recently overhauled its distribution and terminated hundreds of direct broker agencies.

It is also currently reviewing its distribution model through secured loan networks


Northern Rock back in business

Nationalised lender Northern Rock has returned to the mortgage market with fixed rate deals marked down 1% from two weeks ago, figures from reveal.

House prices rise

Here is an interesting little piece of news. Halifax have released figures that show that house prices actually rose in January – now that’s a turn up for the books.

Quality is much more than a name

Recent months have shown clients that big-brand household names are also susceptible to the effects of an economic downturn.


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