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ABE approves Lexicon’s quality assurance scheme

Lexicon Surveying Services has revealed the Association of Building Engineers Home Inspectors assessment centre has approved its submission for the quality assurance scheme.

Because of this accepted submission to the ABE assessor centre, only three Home Condition Reports, one observed by an ABE assessor, will need to be completed by a Lexicon home inspector, instead of the standard portfolio of 10 reports.

Following the successful completion of the end test, a Lexicon home inspector will then be fully qualified to produce HCRs.

Mark Glithero, managing director of Lexican, says: “Packaging, broking and lender partners now have another reason to endorse their decision to work with us. Lexicon is among the first surveying firms in the UK to receive this accolade. This recognition by an approved external body demonstrates Lexicon’s expertise in this field, and it’s continuing drive towards quality reporting and excellent service delivery.”


Brits owe 23,000 each on average

Total indebtedness on secured and unsecured lending stood at 1.1 trillion at the end of this June – around 23,000 for each adult. A report from Pricewaterhouse Coopers also shows people who enter into individual voluntary arrangements owe an average of 60,000 to 11 creditors on credit cards and other unsecured borrowing. This year has […]

Countrywide move furthers its UK sub-prime ambition

US mortgage giant Countrywide Financial Corp moved a step closer toward its objective of setting up as a UK-based sub-prime lender last week with its purchase of the remaining 30% stake in mortgage processor Global Home Loans. Countrywide bought the shares from Barclays Bank which owns The Woolwich, adding to the 70% of GHL it […]

Two founding directors quit Purely Mortgages

Two of the four founding directors of Purely Mortgages, Colin Bell and Ian Giles, have left the firm. This leaves managing director Mark Chilton and IT director Neil Pritchard as the only original directors. The directors are rumoured to have agreed to a salary freeze in the summer. Chilton, chief executive officer at Purely Mortgages, […]

Charity calendar will reveal secrets of the mortgage professionals

From Andrew Forsey The silly season is surely upon us. The normally staid Financial Services Authority has introduced a campaign called, ‘Mortgages laid bare’. Go to the FSA consumer website and you’re bombarded with cartoon characters totally naked, their modesty covered only by captions. I’m not sure this approach will raise the profile of transparent […]


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