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Advantage sets up secured loan division

To head the secured loan team, Advantage has recruited Angela Mitchell who has many years&#39 experience in the broker secured loan market.

Advantage says it has established relationships with a number of major high street lenders, meaning it can offer market-leading products and commission.

The firm says this is is the first step in enabling it to develop and expand the level of support available to mortgage networks and their brokers.

Peter Bass, head of sales and marketing says: “We see secured loans as a complementary product range that all mortgage brokers should have at their disposal and we are delighted to be in a position to deliver this.

“As Advantage was originally founded on the back of secured loans it is an area of the marketplace in which we are experienced and feel comfortable.”


ARLA slams buy-to-let abuses

The ARLA panel of lenders, Birmingham Midshires, GMAC Residential Funding, NatWest Mortgage Services, Paragon Mortgages and The Mortgage Business, represent some 40% of all buy-to-let mortgage lending. ARLA represents 1,500 lettings and residential management offices. Speaking in London, Robert Jordan, president of ARLA, said that true buy-to-let is an example of private enterprise fulfilling a […]

Friends Mortgage World to appoint Chelsea to its mortgage panel

Details of the appointment will shortly be issued to all of FMW&#39s mortgage brokers. Trevor Galvin, mortgage proposition manager at Friends Provident, says: “This appointment adds to the quality and range of providers across our panel. It follows a comprehensive review of the panel membership with our mortgage brokers. The key to such an appointment […]

AMI publishes new Guide to the T&C Scheme

The trade body says that the move to statutory regulation by the Financial Services Authority means that every regulated firm must assess its T&C arrangements.  It is important to note that the T&C scheme covers more than simply the gaining of qualifications.  From a firm&#39s senior managers to its advisers and back office staff, the […]

A warning about network tactics that lie ahead

As Mortgage Day approaches and the rush to join networks begins, I have a warning about the dodgy tactics likely to be employed by some networks. I have been a member of an L&G-backed network for the past three months after embarking on a new venture under my own banner for the first time in […]

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


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