View more on these topics

AMI board elections are set for spring

The Association of Mortgage Intermediaries has released details of its board elections that will take place this spring.

A third of the AMI board must stand for election each year and this year elections will take place in the small network, large network and large firm constituencies.

Any employee of an AMI member firm who falls into one of these constituencies is able to stand for election. To stand, individuals must complete a nomination form and be nominated by an AMI member from within the same constituency.

Nomination forms must be returned to AMI by May 8. Those individuals standing will be required to submit biographies and election manifestos to constituents eligible to vote. Ballot papers for a contested election will be sent out by May 22. The results will be announced on the day of the AMI’s annual dinner on June 19.

Rob Griffiths, associate director of AMI, says: “The AMI board is the heart of the organisation and plays a vital role in providing direction and guidance to our activities.

“Board members must be committed advocates of the intermediary distribution channel and prepared to represent not just their own constituents but the entire profession. We hope AMI members will want to contribute to the trade body’s work and shape our agenda by standing for election.”

Last week, Purely Mortgages signed a deal with ITV to launch an online mortgage service through broadband TV. The service will use video to help advise customers on products just as Purely presently uses several animated characters on its website to detail its range of products.

So, this week Mortgage Strategy asks…


Charities stand to lose up to 75 million from Budget reform

Charities face losing over 75 million per year from April 2008, as a result of the reduction in the basic rate of income tax from 22% to 20%, announced in the Budget. Charities recover basic rate tax from HM Revenue and Customs when donors give money under the Gift Aid scheme this provides some 750 […]

Call for industry to go green

Praxis is calling on the mortgage industry to go green after announcing it is to aim for a prestigious environmental award. Richard Stettner, managing director of Praxis, says: “As an industry, I don’t think we do enough for the environment.”

Promise launch automated underwriting solution

Promise Finance has launched Promise Solutions Network, an underwriting solution specifically aimed at the mortgage intermediary market. It features Promise Quote, an automated online underwriting system with integrated credit search.Steve Walker, managing director at Promise Finance, says: “Whilst there are many other features and benefits yet to be added, we’re introducing this service to the […]

Only Group seeks 200 new staff

The Only Group is looking to recruit 200 staff by the end of the year from the graduate and young professional market.The online financial services firm says the recruitment drive aims to meet growing demand for insurance and other financial services products.Key posts which the firm hopes to fill most urgently include mortgage and loans […]

Insurance - thumbnail

The lucky ones

By Denise Wond, Marketing Relationship Manager, Royal London Do you consider yourself lucky? I don’t; I never seem to win a prize in the raffle, if there’s a cancelled train it’s usually the one I’m meant to be on and don’t start me on last year’s holiday. On the other hand, when I think about […]


News and expert analysis straight to your inbox

Sign up