LeadPoint has revealed that since launching into the debt market in January this year it’s now trading 200 debt leads every day.
Nationwide has cut its packager panel for The Mortgage Works and UCB Home Loans, down from 50 to 20 firms.Paul Howard, director of sales for Nationwide specialist lending, which comprises TMW and UCB Home Loans says that with less business being done in the sub-prime sector it was an unavoidable decision.He says: “We have trimmed […]
An important requirement of the Financial Services Authority’s MCOB rules is that brokers should consider with their clients the effects releasing equity may have on their estates when they die.
Elephant Loans & Mortgages has decided that all its regulated mortgage activity will be operated by its group company, Elephant Loans Direct and that Elephant Loans will join the FT Partners network. Elephant Loans Direct will become an Appointed Representative for FTP’s subsidiary, FT Compliance Services Limited. Robert Kellly, has also resigned from the board […]
We all know that we are sailing through choppy waters at the moment, but it really hits home when you look at the actual reduction in the number of mortgage products available at the moment.The BBC has reported that mortgage deals have fallen by around two-thirds since July 2007. According to Moneyfacts the figure has […]
Jamie Clark – Business Development Manager, Royal London Further to its investigation into the collapse of BHS and the impact on its pension scheme, the Work and Pensions Select Committee sets out its recommendation for defined benefits (DB) schemes going forward. We take a look at the main findings. Not all employers are naughty The report […]
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