BDS wants 60 packagers by 2008

BDS Mortgage Group is looking to have 60 satellite packagers on board by the end of 2008. At the start of the year it had 45 satellite packagers and was aiming to increase this to 60 by 2009. But with nine taken on in the past few weeks alone and another six being turned down because of question marks over volumes and quality, BDS has brought its target forward. The packagers says it has had a flood of enquiries from small packagers being squeezed from the market by lenders wanting to reduce distribution. It cites its links with Pink Home Loans and Skipton as a possible reason for the enquires.