View more on these topics

Five days notice for Coventry’s latest product change

Coventry and Godiva have given brokers a total five working days notice for its latest product refresh.

The firm already pledges to give brokers two working days prior to any product withdrawal, but it’s aiming to go one step better.

It’s giving tweo days working days notice of product withdrawal and accept pipeline business for three days until close of business on Tuesday April 1 – giving a total five working days to notice before products become unavailable.

Julie Jones, head of broker sales at Coventry, says: “We understand entirely that brokers need a reasonable and sensible timescale for withdrawal of products and that’s why we have shown an ongoing commitment to this by having this pledge.

“I think this clearly demonstrates the Coventry’s fairness and commitment to our intermediary supporters, while also keeping sight of the commercial realities that necessitate product rotations in the current climate.”

Recommended

Investors pump £1.5m into John Charcol

Directors at John Charcol have pumped around £1.5m into the company as a temporary measure before a sale or new investment.The move followed a KPMG audit that warned of material uncertainty which may cast “significant doubt” on the company’s ability to continue as a business.The audit states that the John Charcol Group incurred a net […]

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 […]

MI join forces with Halifax

MI join forces with HalifaxMortgage Intelligence has launched general insurance deals in association with Halifax General Insurance.Network members now have access to Halifax home buildings and contents insurance products.

Newsletter

News and expert analysis straight to your inbox

Sign up