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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.

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BBB Network declared in default by FSCS

The Financial Services Compensation Scheme has declared BBB Network – formerly Berkeley Independent Advisors – in default, paving the way forconsumers to receive compensation from the scheme.Consumers can claim compensation of up to 48,000 if they have lost money as a result of negligent advice from Berkeley Independent Advisors. Loretta Minghella, chief executive at the […]

Brokers forum launched

A new chat room and forum facility called 1BigTable has been launched, where brokers and IFA’s can share their views.Whether brokers are part of a network and directly authorised, at www.1bigtable.co.uk they will be able to chat and communicate freely with one another to help their own business and potentially improve the level of service […]

Brokers say DB puts them at risk

Introducers have slammed DB Mortgages for not providing Key Facts Illustrations on its system and leaving them at risk of regulatory action. When a broker sources a KFI from a lender the responsibility for the accuracy of the information falls squarely on the shoulders of the lender. But when a broker can only source a […]

Lenders urged to improve value of graduate deals

Lenders are being urged to make their graduate and professional mortgages more innovative and market them through the intermediary cha-nnel to spur development in the sector. Although the graduate and professional mortgage market remains small, with gross advances of just 3.6bn in 2005, Datamonitor says that given the increasing number of young people going into […]

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