View more on these topics

HML&#39s Tim Fletcher quits to join Baseline

Tim Fletcher has joined Skipton group&#39s Baseline Capital in the newly-created role of sales and marketing director having held the same role at another Skipton subsidiary, Homeloan Management, for the past three years.

Baseline Capital provides data and specialist services to help lenders prepare for the Basle II capital adequacy requirements.

Richard Coates, Baseline managing director, says: “I&#39m glad to have Tim on board given his extensive contacts among lenders, his technical knowledge and his proven sales record.”

Fletcher&#39s role at Baseline will focus on providing solutions to lenders that help them derive maximum benefits from the capital adequacy framework. He says: “I enjoyed my three years at HML and the challenge of helping establish it as a prominent force in third party servicing for mortgage lenders.

“Now I&#39m looking forward to the challenge of establishing Baseline as the key provider of pooled data solutions for mortgage book analysis and Basle compliance.”


Mortgages Direct awarded full authorisation

Mortgages Direct, which provides mortgages and financial services for the Spicerhaart group, has been granted final authorisation, Part IV permission, to carry out mortgage and general insurance business by the Financial Services Authority. Peter Gladdy, director of Mortgages Direct, says: “Having invested significantly in compliance, we&#39re pleased to have our full authorisation in place ahead […]

Property prices fall for third month running

The average property price fell for the third consecutive time last month, figures from the National Association of Estate Agents reveal. Over three quarters of estate agents confirmed they believe prices have reached their peak. Asking prices were on average 1.3% lower than the previous month and, further confirming the much-anticipated slowdown in the market, […]

Mortgageforce receives FSA grant of permission

It is believed to be the first firm of its kind, a national franchisor, to receive its grant of permission. Nic Lewis, sales and development director, says: “While firms of our experience and scale had complete confidence in securing FSA authorisation, it is a highly significant moment when the FSA confirmation actually arrives. We are […]

Premier Mortgage Management receives full authorisation

It has now endorsed its independence in providing its mortgage management introducer service to the financial services and business to business market. Mark Mountney, managing director, says:”PMM recognises at the start of the regulatory process that a percentage, perhaps 10%, of Mortgage Code Compliance Board registered firms would not elect for authorisation and would be […]

China tech and Global Alpha: a new great leap forward

By Robin Geffen, Fund Manager and CEO

Internet giant Alibaba is exactly the type of entrepreneurial company that the high-conviction, top-performing Neptune Global Alpha Fund seeks to invest in. Established just 14 years ago in an apartment in Hangzhou, today Alibaba is larger than Amazon and eBay put together and is challenging some of the most powerful internet companies in the world…

Read more 

Important information

Investment risks

The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.


News and expert analysis straight to your inbox

Sign up