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It was a shock to see Network Data’s permissions axed

I was shocked to read that Network Data had had its permissions cancelled last week (Mortgage Strategy Online).

No doubt smaller brokerages will be affected most. What support is being given to them? You cannot cut off someone with a family and financial commitments without transitional support.

Hopefully, other networks will pick them up and get them trading again as soon as possible. Sad times for the broker market continue.

Alan Nadin

Executive Mortgage Services

By email


Nationwide introduces new standard rate

Customers taking out a mortgage after April 30 with Nationwide will no longer revert to its base mortgage rate when their deal expires, but will instead go on to the society’s new 3.99% standard mortgage rate.


Guide: what you need to consider for your auto-enrolment project

In this guide, Johnson Fleming reveals what items you need to understand to gauge the impact of auto-enrolment on your business. The guide focuses on: the impact that your auto-enrolment scheme will have on you; assessing your workforce; understanding your staging date; reviewing your current provision; and modelling contribution levels and costs.


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