View more on these topics

KGB launches mortgage club

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 established on all panel lender websites as a distributor choice for online cases.

Rachel Bancroft, managing director of KGB, says: “With today’s launch of KGB’s mortgage club we now have our own 60 lender mortgage club panel offering competitive broker fees and a good range of exclusive products.

“The new mortgage club facility has been introduced as complementary to our established packaging service. The new facility will give added choice to brokers that wish to use a mix and match approach to sourcing mortgage products.”


MPLC launches training scheme

Mortgages PLC has launched a scheme to help develop business development managers. MPLC has created three positions for graduates and people looking to move into a field sales role. The scheme aims to equip participants with an understanding of mortgage lending and a BDM’s role.

B2L will remain strong, says UCB

Nationwide’s specialist lender says immigration from other EU countries has given significant support to the sector and is unlikely to decline over the next few years, despite predictions to the contrary. Recent moves by the government and the Conservatives have sparked fears of a negative effect on the buy-to-market market in areas where there are […]

L&G joins forces with Arun

Legal & General has been selected for the role of life and protection product provider for Arun Estates. As part of the new strategic partnership, Arun Estates will work with L&G on a sole tied distribution basis. Under the new agreement Arun will be able to sell the full suite of Legal & General life […]

Kylie competition hots up as Bolton’s bid is beaten

Michael Bolton’s £4,500 bid to win front row tickets to a Kylie concert has been knocked off the top spot just a day before the auction closes. The £10,000 bid from The Money Group’s managing director Tony Murtagh came in just one day before the competition is due to close, and is more than double […]


Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).


News and expert analysis straight to your inbox

Sign up