View more on these topics

Yousefi leaves A&L for Freedom

Mehrdad Yousefi has quit as Alliance & Leicester’s head of intermediary mortgages, allegedly to join Merrill Lynch.

Yousefi is believed to have been appointed sales and distribution director at Freedom Lending, which was acquired by Merrill Lynch last July.

But an official leaving date for Yousefi is yet to be confirmed and he will remain with A&L until a successor is found.

A spokeswoman for A&L says: “We will be looking at a range of potential candidates from inside and outside the company.”

Yousefi says: “I have been presented with a fresh opportunity to develop my career in the intermediary mortgage market.”

Last week, Mortgage Express also lost a senior staff member to Merrill Lynch after product development manager Andrew Moss quit to join Mortgages PLC.


Godiva launches into specialist lending arena

Godiva Mortgages, the specialist lending subsidiary of Coventry, officially launched last week. Godiva Mortgages will build on the Coventry’s existing offering as a specialist lender for intermediaries and will feature a range of products for the buy-to-let, self-cert, credit impaired and 100% plus LTV markets. Godiva has made six pledges to intermediaries, which include no […]

Shocking programme on equity release

I was under the impression it was safe to let my kids watch telly, at least until the 9pm watershed, without them coming across anything too undesirable.

Whitechurch cuts its member fees

The Whitechurch Network has slashed its member fees and says its appointed representatives will now be able to pocket an extra 2,500 in commission.

BM Solutions launches buy-to-let products

BM Solutions has launched a range of products across its buy-to-let range.The rates include tracker and fixed products, across three levels of rental income cover. Leading the way is a two-year product, tracking the Bank of England base rate at plus 0.04 available at 110% rental income cover. Other products include a 5.39% fixed until […]

Why prevention is better than cure

Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?


News and expert analysis straight to your inbox

Sign up