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PMI appoints finance director

PMI Mortgage Insurance Company has appointed Aodh ѠMurch as finance director.

ѠMurch will manage the companys finance department across all European markets in which PMI Europe operates.

He will also contribute to PMI Europes business planning and the companys strategic direction. ѠMurch will report directly to Tony Porter, managing director and chief operation officer of PMI Europe.


Cheval reports Expo success

Cheval, the Stanmore based bridging finance lender, reports great interest from brokers in its website and rebranding, which were unveiled at the Mortgage Business Expo last week.Cheval, which has rebranded with an underlying message stress free bridging, has redesigned its website in response to market research among brokers. The site now features easy to use […]

Abbey launches 97% LTV mortgage

Abbey has launched two deals with a maximum LTV of 97% aimed to help first-time buyers get a foot on the property ladder. Both products, a two-year tracker from 4.74% and a five-year fixed rate from 5.34%, offer the option of free valuation and 250 cashback. Lal Tawney, head of mortgage marketing at Abbey, says: […]

BSA reveals October lending the highest of 2005

Lending and saving figures from the Building Societies Association reveal building society gross advances amounted to 3,808m in October, compared to 3,497m in October last year. Net advances were 929m in October, down from 1,055m in October 2004, and approvals increased to 3,870m from 3,021m in October 2004.In the savings market, building societies had net […]

Bradford & Bingley responds to CML figures

Bradford & Bingley has commented on the latest Council of Mortgage Lenders lending figures. Duncan Pownall, mortgage development manager for Bradford & Bingley, says: “Despite a slight dip of 3% in this months CML gross lending to 27bn, Octobers is one of the highest monthly lending figures on record. Indeed, it is close to the […]


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