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TBMC launches Abbey commercial mortgage 80% exclusive

Mike Staight, head of commercial lending at TBMC, says: “This scheme is only available through TBMC and one other broker in the UK and we are sure our distribution channels will welcome this opportunity to access this exclusive.”

“Traditionally this type of lending is restricted to 70-75% of the value. The scheme is available to many types of owner-occupied commercial sectors including retail outlets, light industrial, offices, factories and warehouses. Rates are competitive and yet the proc fees we pay to our introducers are also attractive.

“We are delighted that the Abbey chose TBMC for this exclusive and we expect to see a lot of business interest in the scheme.”


MCCB announces post-Mortgage Day arrangements

The changes will take effect on Mortgage Day when the FSA will assume statutory responsibility for regulating the mortgage industry. The Mortgage Code will no longer apply from this date, and MCCB will cease its activities. MCCB has, however, put in place various arrangements to provide assistance to registered firms and consumers after this date. […]

Mortgage cover needs clear-up

Too many mortgage brokers are focussed, not surprisingly, on the mortgage loan itself and protection is seen as the poor relation or an add-on that often is not added on. And insurance companies market their products widely, also not surprisingly to the protection arena, without focussing on the specifics of the mortgage advice process. At […]

c2-financial moves to larger offices

The Hampshire-based company will relocate to its 9,500 sq ft office at the Solent Business Park, Whiteley, Hampshire by next week. The building, adjacent to the company&#39s present location, will give it room to accommodate sharply rising sales. Record levels of sales have been generated by the company&#39s packaging and branded lending operations, which are run […]

Paymentshield appoints HBOS as underwriter for GI products

The deal will see St Andrews take over the underwriting of Paymentshield&#39s range of award winning products including buildings, contents and mortgage payment protection insurance and will make St Andrews a major underwriter of general insurance products in the mortgage intermediary channel throughout the UK. This move fits with the HBOS General Insurance strategy of […]


What employers should expect over the next five years

A major feature of our articles is looking into the Jelf Employee Benefits crystal ball to predict changes and trends that may influence the short and medium term shape of UK employee benefits.  By flagging such changes early we aim to provide our followers with the tools to make sensible and informed decisions on their benefits offerings.


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