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Halifax loses customer information

Halifax has lost 13,000 customers mortgage details after a employees car, which contained the documents, was stolen.

The information was to be used when liasing with brokers who had applied for Halifax mortgages. It did not contain any pin numbers, passwords or account numbers, but 1,800 contained addresses, mortgage account numbers and balances.

HBOS has assured its clients that it would be almost impossible to commit any sort of financial fraud with the information.


Lib Dems slam Council Tax review

The Liberal Democrat Party has slammed the government after figures released showed that the average Council Tax for a band D property will increase by 4.2% next year.Andrew Stunell MP, shadow local government secretary of the Liberal Democrats, says: “Theres nothing stealthy about Council Tax, especially at a time when mortgage payments and the cost […]

MPLC completes securitisation

Mortgages PLC has completed its latest securitisation deal for a total of £575m. Newgate 2007-1 is MPLC’s 11th securitisation deal, and comprises predominantly AAA-rated mortgage assets. To date, MPLC has securitised more than £4.8bn worth of mortgages

Deutsche Bank shares decline

Deutsche Bank has disclosed that it holds less than 5% of its own shares. From March 21, DB shares declined to 4.63% of its issued share capital.

Kensington sales star quits for Swift

Martin Sims has quit his position of head of sales development and project management at Kensington Mortgages to join the Swift Group. Swift has appointed Sims to move into developing its sector specific sales teams. He has also held a former position as sales and marketing director for Praxis. Swift says Sims will have a […]

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What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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