View more on these topics

KRS and Teachers become partners

Teachers has entered the equity re-lease market via a partnership with Key Retirement Solutions.

The mutual, which provides mortgages to employees in the education sector, says the partnership will mean it will refer clients to KRS.

James Bawa, chief executive of Teachers, says: “We strive to offer our members a competitive range of products along with top class service.

“There is an increasing demand for equity release and introducing this service was a logical step. We chose KRS because of its quality of service and its whole of market offering.”

Dean Mirfin, business development director at KRS, says: “Our partnership with Teachers reflects our dedication to providing the best possible service to customers as well as increasing consumer confidence in the concept of equity release.”


Lenders will choose brokers with care

The commercial mortgage sector has seen several lenders withdraw from it recently, mainly due to a lack of money. These lenders were re-liant on securisation to maintain the funding lines necessary for them to write new business and the last successful commercial fund securitisation in the UK was in November 2007.

PI overhaul threat to brokers

Brokers have been warned they could risk losing millions of pounds thanks to an overhaul of professional indemnity clauses by policy providers.

Let’s get together for the greater good

Easter is a good time to reflect. The year is well underway and all those new year resolutions have been long forgotten, unless you have a will of pure steel.

A government spin on HIPs trials

The National Association of Estate Agents is concerned that the Department for Communities and Local Government is trying to cover up much of the MORI research into the home information pack area trials.


News and expert analysis straight to your inbox

Sign up