View more on these topics

VirginOne expands Horwich team

VirginOne has announced plans to expand its intermediary operation in Horwich, Lancashire.

VirginOne already employs over sixty people to look after intermediary business, both out in the field and at its Norwich headquarters in Norfolk. Plans for growth include at least 20 more people at the new contact centre in the North West.

Scott Mowbray, marketing manager at VirginOne, says: “We are nearing full capacity in our Norwich headquarters and so it makes sense to look towards our new facility in Horwich to expand the intermediary team. It is a great accolade to our existing team that we already need to expand in this area in order to support our partners.”

He added: “This move reflects our confidence in intermediaries utilising the VirginOne Account as both a mortgage and a financial planning solution for the majority of their clients.”

The new team will be operational on August 19 2002 and will be responsible for developing existing and new relationships with intermediaries.


Pre-application illustrations here to stay

The FSA&#39s consultation on regulating mortgage sales confirms that controversial pre-application illustrations are here to stay. The need for a personalised PAI for each mortgage applicant was originally proposed in CP98. In its latest CP146 consultation, the FSA says: “We consider that the principle behind this approach to product disclosure still applies. “This is that […]

New self-cert from BMS and TMO

The Mortgage Operation and Birmingham Midshires Solutions have launched a new self-cert product with no income checks, a generous two year discount with no overhang and a hefty£1,000 cashback. Richard Stokes, TMO product manager, says: “It&#39s always easier to sell a product that has help with fees – combine that with a great discount and […]

Industry welcomes Treasury&#39s regulatory changes

Intermediaries have broadly welcomed most aspects of the Treasury&#39s final legislation on the regulation of mortgage advice – especially the exclusion of introducers from the regime.Patrick Bunton, head of operations and compliance at London & Country, says that rules on introducers and packagers “make perfect sense” and is pleased the Treasury has deferred judgement on […]

Hamptons International poaches Charcol man

Hamptons International has poached Charcol associate director Ian Broadwick, writes Harriet Williams.Broadwick will take a senior role after Hamptons relocates to City of London offices on September 1.The London-based team will mastermind a countrywide expansion in 2003, establishing regional headquarters in Guildford, Manchester and the West Country in a bid to double turnover to £6m.Broadwick […]


News and expert analysis straight to your inbox

Sign up