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Tenet adviser enquiries go up 26%

The number of brokers requesting information on Tenet’s non-investment and mortgage network Lime has shot up by over 26% in the last two months.

The adviser support group has also seen protection business jump 88% since October last year.

Keith Richards, Tenet’s Group distribution and development director at Tenet Group, says: “Further consolidation in the sector is widely forecast and there is already evidence of the strains brought about by the current economic climate in a number of firms.

“The FSA’s intent to focus more energy on the mortgage market is also creating a trigger for many smaller directly authorised firms to join a well run and capitalised network, where the regulatory infrastructure is provided and responsibility for advice is shared.”


Making sense out of the Dunfermline debacle

The protracted termination of the Dunfermline and its ‘rescue’ by Nationwide raises some interesting questions, uncertainty about a building society’s future used to be kept under wraps until a suitable takeover partner had been found and the merger was a done deal.

BDS launches Platform exclusive

BDS Mortgage Group has launched an exclusive three-year mainstream product at 4.19% to their network members and appointed representatives of the Pink Group network.

Golden nuggets of good news

In a predominantly bleak mortgage landscape two lenders have released exclusive deals which should be welcomed, says Sally Laker, managing director of Mortgage Intelligence

Now more than ever, we need to back the small developer

In the context of the current housing deficit, the latest housebuilding stats aren’t great. But what does doing better look like? The Department for Communities & Local Government published its latest figures at the end of August, which revealed that housebuilding starts in England rose 2 per cent in Q2 compared to the previous quarter […]


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