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Abbey sees 17% Q1 profit rise

Banco Santander’s Q1 results have revealed a 17% rise in year-on-year profit at Abbey.

The Spanish firm experienced a 22% profit rise across all businesses and attributes its success in navigating stormy credit crunch waters to strong management skills.

Santander, the largest retail bank distribution franchise in the western world, says Abbey’s Q1 profits translate into £235m and that the business has experienced 10% growth in loans and 5% in deposits.


TFC Homeloans urges brokers to make use of technology

Specialist mortgage distributor TFC Homeloans, part of the Orbiter Group of companies, is urging brokers to make the most of the information systems available to them in order to identify remortgage leads from their client lists.Placing clients successfully has become increasingly difficult as the mortgage market continues to tighten, meaning brokers are increasingly looking to […]

Conti launches overseas remortgage service

Conti Financial Services has launched a remortgaging service to owners of overseas residential property in 15 countries across Europe, Africa and the USA.


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