The Association of Mortgage Intermediaries’ October census reveals a static market for mortgage adviser recruitment. Most firms have not recruited any advisers in the past 12 months. Research conducted among AMI members shows 80% of firms did not hire new advisers in the past year. When asked whether they intended to recruit in the next six months, only 20% said yes.
In 2006 Kensington has continued to show solid growth particularly in its newer markets in Ireland and second-charge mortgage lending in the UK. Credit performance has been encouraging and it is on track to deliver an improved performance in the areas of arrears, losses and overall bad-debt charges. However, the value from new business lending […]
GE Money Home Lending has appointed Steve Wright as head of new product development. Wright held a number of marketing roles at GEMHL over four years before taking on this role. Previously, he gained over 15 years’ financial services experience across a variety of sectors working for Abbey, Natwest and Prudential.
KGB, has launched its First Source Direct mortgage club, to increase the amount of lenders and submission options that it can offer to its brokers.The service is free to all Financial Service Authority regulated intermediaries, and there is no minimum business requirement. Paper applications will carry a First Source Direct sticker, and the club is […]
From Hugo Craggs Having just read the leader in last week’s issue on the subject of lead generation, I have a few observations to make. The first paragraph states that to ensure to a steady pool of new clients a broker must either obtain leads from their own website or via a lead generator. But […]
According to our recent report on the death of retirement, changes in workplace pension provision mean that coming generations of retirees could have a radically different experience of retirement from their parents. The average contribution rate into an old-style final salary pension was around 20 per cent of total wages, the statutory minimum for a […]
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