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Coventry legal offer expanded

For the first time, Coventry is offering free or discounted legal packages on remortgages in Scotland. The incentive has been an important feature of the society’s remortgage products in the rest of the UK for some time but due to the different legal system in Scotland this has not been an option for potential Coventry customers north of the border until now.

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Rumbold resigns from Cheval

Paul Rumbold has resigned as sales and operations director at Cheval Property Finance for personal reasons. Ellis Sher, managing director of Cheval, says: “We wish Paul all the best for the future. We understand his desire to be closer to his family in Manchester and while we are sorry to see him go, we are […]

InterBay appoints loan manager

InterBay has taken on Anna Lewis from Purely Mortgages as a loan manager. Lewis follows in the footsteps of Colin Bell, operations director at InterBay, who was one of the founding members of Purely but left in November 2005 to join InterBay.

AMI to publish factsheet on sub-prime advertising

The Association of Mortgage Intermediaries is publishing a factsheet on fin- ancial promotions for sub-prime products. The factsheet is intended to give an overview of the most common errors in sub-prime promotions and how these can be avoided to help create compliant financial advertisements. AMI says that now the Financial Services Authority has made its […]

A&L unveils fast-track guarantee service

Alliance & Leicester Mortgages has launched a fast-track guarantee service for its prime residential mortgage range. The system allows brokers to speed up the mortgage process, bypassing the need for additional paper income verification. It is available to prime residential second-time buyers and also to remortgage customers. To qualify for the fast-track system, clients must […]

Auto-enrolment

Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]

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