View more on these topics

Advantage joins AMI

Advantage has joined AMI, the sole trade body for mortgage intermediaries.

Keith Dearling, managing director of Advantage, says: AMI is an excellent organisation and since its formation in 2003 has established a good reputation in the mortgage industry.

“As we focus on developing our lender proposition, AMI will be a vital source of information for us on industry issues. Advantage is committed to servicing the needs of mortgage intermediaries by providing innovative products, offering excellent service and helping to create an industry which is transparent but competitive at the same time.

Rob Griffiths, associate director of AMI, says: We are pleased that a company with the stature and industry credibility of Advantage has recognised the need to support the industrys trade association. In order to effectively represent mortgage intermediaries to policy makers at every level, we need the support of all parts of the mortgage sector. Therefore we are delighted to welcome Advantage as a new Associate member of AMI.

Recommended

Home sizes are getting smaller

Higher density living is on the rise as the government tries to squeeze more households into smaller homes, says Wolsey Securities. The residential finance specialist for small house builders says 61% of new homes being built within its portfolio are apartments while the average new home plot size is continuing to shrink.

Helpline sees 50% rise in equity release calls

Calls about equity release to the Age Concern helpline last year increased by a whopping 50%. Enquiries to the charity’s helpline totalled over 5,300, with equity release being one of the most common issues. These figures come as Age Concern launches Using your home as capital 2006-07, a guidebook for people considering raising money from […]

Overseas investors buy more homes

Prestige says the number of investors buying multiple properties overseas has risen by 188% since 2003. It says savvy property investors are looking to cut risk by diversifying their portfolios with multiple investments.

Currency ‘eBay’ firm branded risky

An online currency broker for people taking out overseas mortgages – billed ‘the eBay of currency exchange’ – has been slammed as too risky by industry pundits. FxA World, based in London’s Canary Wharf, is a peer-to-peer online currency exchange that allows companies and individuals to trade directly with one another. It is targeted at […]

Pension - thumbnail

David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.

Newsletter

News and expert analysis straight to your inbox

Sign up