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Commissions tracking tool

Quay Software has introduced an automatic commissions module that allows IFAs to automate and track their commission.

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Millfield suspends trading

Millfield Group has asked the Alternative Investment Market to suspend trading of its shares as of June 22 while it seeks to clarify the companies financial position.The announcement comes just weeks after Paul Tebbutt stepped down as CEO after receiving a fine from the Financial Services Authority.Tebbutt was fined 35,000 on April 12 for providing […]

Sesame slashes packager panel

Sesame has conducted a massive cull of its packager panel, cutting the panel from 53 to just 17.Sesame says the decision to reduce the number on its panel was made when the number of packagers working with it became unmanageable.Paul Wignall, product manager for mortgages at Sesame, says: Six months ago we had relationships with […]

Lenders, exit fees and excuses

It would be fun to see the reasons lenders give the FSA in response to its call for them to justify raising their exit fees, as there can’t be many good ones, says Drew Wotherspoon

CHL applications rise by 34%

CHL Mortgages reports a 34% rise in applications following its decision to lend on registered houses of multiple occupation and introduce an 85% LTV on new-build flats.

Life begins at…

By Fiona Holmes, proposition communications manager Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think. That’s the problem with 30 being the new 20 and 40 […]

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