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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.

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Remortgaging bubble starts to deflate

It seems the obsession with remortgaging could be fading, given the latest figures from the Council of Mortgage Lenders. They reveal that remortgaging reached its lowest level for five years in September. That month it accounted for just 30% of the market by value – a big drop from 42% at the same time last year.

Spas seduce home buyers

Halifax has revealed that home buyers will pay more to live in a spa town. All 18 spa towns have higher average house prices than comparable towns in their regions, while 16 out of 18 have higher prices than neighbouring towns.

Scarborough launches sub-prime range

Scarborough is to offer its sub-prime products to the wider broker market earlier than planned. Scarborough Specialist Mortgages is planning to make its new sub-prime products available to all brokers. The product range offers rates ranging from 5.29% on prime loans to 6.49% on adverse buy-to-let mortgages.Tony Burdin, head of group marketing at Scarborough, says: […]

Generators are better than brokers’ websites for leads

From Simon Baker In Mortgage Strategy October 30 Frank Eve wrote a piece on the subject of why brokers should be able to generate all the leads they need through their website using “a sophisticated online service” rather than a lead generator. While I am in complete agreement that all brokers should have a website […]

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Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.

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