Sesame has culled its packager panel, slashing it from 53 to 17. The IFA network says the decision was made because the number of packagers had become “unmanageable”.The IFA network sent out a questionnaire to all its packager partners. Based on the responses it received, it whittled down the number to 17.
Pity the poor lending industry – whither its next profit line? Or perhaps it’s sympathy that lenders need rather than pity – they’re not exactly strapped for cash, are they?
MMC Ventures, which invests in early stage growth companies, has arranged an equity investment of 1.45m in Connect Mortgages Group, a mortgage processing company based near Lewes, East Sussex. Connect streamlines the mortgage application process on behalf of intermediaries allowing brokers and independent advisors to focus on sales and to reduce costs. The investment from […]
Research from Landlord Mortgages shows parents who choose to buy a property for their children to live in while they are studying at college could make profit of almost 20,000 over the three years of their child’s degree.
Grant Thornton says the World Cup has led to an unprecedented rise in personal spending, with 1m being borrowed every four minutes. The accountancy firm also says there is evidence to show that many debtors live well beyond their means. It warns that financial catastrophe can be expected when a big event – in this […]
The past 12 months have been turbulent – just take a look at this chart of the FTSE 100 over the last year. There have been some points which I’m sure would have caused your clients some concern, and possibly even had them looking for an alternative investment with reduced volatility; perhaps without reducing their […]
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