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BDS Mortgage Group adds Northern Rock to direct panel

This addition takes the total number of lenders and product providers available through BDS to 45. It is currently in discussions with many other lenders and will release information about additional relationships in the future.

Procuration fees and submission details are available upon request. BDS has now received its full authorisation notification from the FSA, confirming itwill be an approved body post-October 31 for mortgages and insurance. It is offering a full range of compliance options including: network, direct club and introducer only.

Phil Jay, managing director, says: “BDS is committed to offering a comprehensive and competitive lender panel and the addition of Northern Rock confirms this. It offers fantastic products and service and is certainly much requested by brokers using BDS. We are delighted to welcome it on board and will be promoting this relationship wherever possible.”


N&P offers £5,000 prize for eco-friendly property

An estimated 20,000 people self-build their own homes every year and many more dream about it. With the effects of global warming, such as increased flooding, being felt increasingly in the UK and around the world, the aim of green mortgage lender, N&P&#39s competition is to raise awareness of how homes can be built in […]

Freedom Finance receives notification of full authorisation

Stephen Atkins, group compliance director for Freedom Finance, says: &#34I&#39m delighted that the Freedom Finance Group has received its part IV permission notices – for mortgage broking, the sale of general insurances and mortgage lending – as everyone has worked really hard to prepare the whole business for regulation. We are now looking forward to […] signs up Westbury

This increases its market share to well over 70% of all new homes across the country totalling over 100,000 new homes every year. The partnership follows a strong period of growth for SmartNewHomes, during which it has clearly consolidated its position as one of the market leading new homes websites, with David Wilson, Laing Homes […]

Lighthouse Group announces interim results

The groups turnover is up by 36% to £12.9m and gross profit is up by 112% to £3.3m. Group operating loss – before exceptional item, depreciation and amortisation of goodwill – is £0.9m, up from £0.8m in 2003. Lighthouse has also recruited 34 advisers formerly authorised by Broadstone IFA. David Hickey, chairman of the Lighthouse […]


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