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Exclusive Connections MD resigns

O&#39Hearne says: “Patrick has done a phenomenal job taking Exclusive Connections from 20 members and completions of £300m per annum to a nationwide organisation of 35 member packagers with completions exceeding £1.5bn.

“Patrick has resigned for personal reasons, however, as a shareholder and board member, he will remain active within the Exclusive Connections organisation. Exclusive Connections has a number of exciting projects ahead and the existing management are more than capable of moving the company forward.”

An announcement of a replacement managing director will be made shortly.


Zurich appoints CEO for Advice network in the UK

ZAN is the forerunner of the directly authorised multi-tie retail distribution company Zurich intends to launch in the UK, to be operational in 2005. This appointment as well as the launch of the company are subject to regulatory approval. The intention to create a separate distribution company was announced on April 2 2004. It is […]

Moneynet suspends mortgage brokers

The move comes as concern grows for thousands of home buyers who could lose out on their property transactions as the Mortgage Day deadline looms. The initiative by Moneynet – which has itself won full FSA approval to arrange regulated mortgage contracts – reflects concerns that many UK brokers will not be compliant under the watchdog&#39s […]

ARLA slams buy-to-let abuses

The ARLA panel of lenders, Birmingham Midshires, GMAC Residential Funding, NatWest Mortgage Services, Paragon Mortgages and The Mortgage Business, represent some 40% of all buy-to-let mortgage lending. ARLA represents 1,500 lettings and residential management offices. Speaking in London, Robert Jordan, president of ARLA, said that true buy-to-let is an example of private enterprise fulfilling a […]

Nationwide charts show schools&#39 effect on prices

Nationwide has utilised the Primary School Performance Tables published by the government to compile charts which show schools&#39 effect on local house prices. Alex Bannister, Nationwide&#39s group economist, says: “In the past two weeks thousands of children have started their first year at primary school. “Traditionally, primary schooling is viewed as crucial in providing children […]


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