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Brokers welcome Scottish mortgage club

Scottish brokers have welcomed the dedicated mortgage club, Helix Mortgage Services, that has been launched by the Mortgage Intermediary Alliance Scotland.

Brian Ewing, head of intermediary sales for Intelligent Finance, says: “MIAS has recognised that the needs of Scottish brokers differ from the rest of the UK.”

Steve Pollard, managing director of Moneyquest, says: “Scottish brokers will benefit from discounted funds and kitemark standards.”

AMI policy officer Ben Stafford says: “It&#39s not something that touches on what we do at AMI – we are non-commercial. It is a good thing for Scottish brokers but I don&#39t think it is breaking new ground.”


Abbey&#39s Introducer Internet clicks into action for online insurance applications

Abbey&#39s system for online mortgage applications, Introducer Internet, has been boosted to include a general insurance application process. The move is part of a campaign to drive up insurance sales through the intermediary channel. The system enhancements mean it will be easier for advisers to place insurance business with Abbey when submitting a mortgage application. […]

CA granted formal &#39super-complaint&#39 status

The Consumers&#39 Association announced yesterday that it has been granted formal super-complaint status by the Department of Trade and Industry. Super-complainant powers will allow the Consumers&#39 Association to make formal complaints to a number of government regulators including the Office of Fair Trading about markets failing to work for consumers and where consumer detriment has […]

Over 50% of FTBs buy with their partners

Over half of first-time buyers (57%) will be buying their first property with their partner, despite the fact that less than a quarter of them (22%) cite their reason for buying as being ableto live together. The findings, from Alliance & Leicester Mortgages&#39 &#39First-Time Buyer&#39 research, show that with property prices becoming more difficult to […]

Lenders accused of rush to reprice

Chelsea Mortgage Management is accusing lenders of being too quick in repricing fixed rates, using swap rate movements as an excuse. Simon Bucknell, business development manager at Chelsea Mortgage Management, says: “Brokers are being put in an impossible situation at the moment because of the constant repricing of fixed rates. “A lender may buy £10m […]

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Health Shield announces strong results

Health Shield, a corporate health cash plan provider, has announced that it has increased gross annual premium income to more than £25m in another year of strong organic growth.


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