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The Mortgage Mole

The brokers’ friend London mayor Boris Johnson paid a visit to the offices of the Coreco Group last week to promote apprenticeships in financial services.

It was quite a coup for the broker, with some calling it his first official outing since his re-election last month.

Boris wandered around the office shaking, hands, posing for photos and chatting to Coreco staff and even had time to speak to Mole.

He called mortgage brokers great, having used one himself to get a deal.

Mole thinks that by showing his support for the broker market Boris is clearly targeting the intermediary vote in case he ever does want to be Prime Minister – watch out Dave!

Raise your glasses… but wear gloves While Britain spent the lead-up to the Diamond Jubilee planning barbeques and buying bunting insurance firms were busy dishing out press releases.

Many fire out seasonal promotions but given that insurance companies have to protect against the worst eventualities they are always the most doom-laden.

Warning people of dangers to protect against while wishing them all a good time is a tricky balance to strike.

So Mole was tickled by a Santander press release warning about the damage that can be caused when hosting parties.

Colin Greenhill, director of Santander Insurance, said how great it was to see so many celebrations being planned before slipping in his plug.

“However given the prevalence of accidental damage and theft during party celebrations, we are urging people to review their policy cover and make sure they are adequately covered,” he said.

That’s sure to have put everyone in the mood to let their hair down and have a carefree knees-up. 9000% – the percentage by which Buckingham Palace has increased in value since the Queen came to the throne in 1952, claims Nationwide.

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Mortgage Strategy today starts its Bring Down FSA Fees campaign. We are calling on the Financial Services Authority to reduce its annual fee to mortgage brokers following the announcement in its 2012/13 budget forecast that it will rise by 9.2%.