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Homeowners could save over £7bn on MPPI, says Goodfellows

The full accident, sickness and unemployment package costs £3.95 per £100 of monthly benefit. One of the key features of the cover is the three months&#39 free cover to all policy holders.

Simon Burgess, managing director of Goodfellows, says: “Mortgage borrowers should not feel obliged to take out their lender&#39s mortgage protection cover. By spending a little time shopping around for the best deal from a reputable provider, borrowers can make significant savings.”

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Couple win a weekend in London from TMW

A couple lived the high life for a weekend in London after winning a competition run by The Mortgage Works. Brian Matthews from Stoke-on-Trent and his wife were treated to an all expenses paid weekend in the capital with tickets to the West End musical Chicago. In the Star Performer Name Game, Matthews correctly guessed […]

Freedom Finance offers a helping hand to stranded brokers

Freedom will accept any TMB mortgage application, providing it meets Freedom&#39s productcriteria and is submitted on either a Mortgage Next or Pink Home Loans generic application form. TMB, the specialist HBOS lending subsidiary, wrote to intermediaries yesterday informing them it is shutting its doors to new business with effect from July 2. The company has […]

C&G appoints head of strategy and research

C&G has appointed Piers McCleery to the newly-created position of head of strategy and research. McCleery previously worked for the Boston Consulting Group and prior to this he worked at The Jardine Matheson Group where he had various management and strategy roles.

Mortgage lending lower but approvals up in May, says BBA

Figures released by the British Bankers&#39 Association last week show that gross mortgage lending totalled £15.5bn in May. This was £0.6bn lower than April and reflects lower approval volumes seen in April. After seasonal adjustment, there was a rise in net lending of £4.9bn. Approvals in May were 5% stronger than the relatively weak figure […]

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Preparing for the changes to the pensions market

As more and more providers start to reveal their stance on the charge cap and removal of commission and active member discount pricing, we thought it would be worthwhile to look at what these are, and the steps businesses should be taking to prepare for this.

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