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BDS appoints new BDM

BDS Mortgage Group has appointed Sarah Barnett as their new business development manager, with responsibility for managing key broker relationships.

Barnett brings with her a wealth of relevant industry experience including packager Advantage Homeloans and NatWest, where she was a commercial mortgage manager.

Barnett joins the sales team as the main representative for the South West and will concentrate on increasing business volumes and profit across the group.

Phil Jay, managing director, BDS Mortgage Group, says: We are delighted that Barnett has decided to join us as she brings with her an array of experience, knowledge and contacts along with enthusiasm and tenacity.

We know that brokers are very keen to have a dedicated contact and we are delighted to once again deliver on our promises.

Barnett says: I am delighted to be joining the BDS sales team and am looking forward to getting out there meeting new brokers and picking up where I left off with my intermediary contacts.

BDS offers brokers an award winning service, a comprehensive product range and full support of no less than 11 on-site underwriters so I certainly have something excellent to tell them!


Don’t get buried by cascade systems

Cascade systems are only safe for brokers if they research the whole of the market and can prove to the regulator that this has been done, says Richard Coulson

Advantage picks cancer charity

Advantage Home Loans, the packager bought by Morgan Stanley in December 2005, has chosen Teenage Cancer Trust as its charity of the year. Staff from Advantage will be committed to organising activities to raise funds for the London-based charity which supports teenagers and young adults with cancer.

94% Say complaints firms should be regulated

A whopping 94% of Mortgage Strategy Online readers backed Mortgage Strategy’s Stop the Rot campaign last week to crack down on complaint management firms, agreeing that they should be regulated. As Chris Cummings, director-general of the Association of Mortgage Intermediaries argued last week, these firms are the “scourge of the intermediary sector”. This week, Mortgage […]

Unity Homeloans appoints onsite underwriter

Unity Homeloans has appointed Laura Schell as an onsite underwriter. Schell will be based at the Premier Mortgage Centre in Helston, Cornwall, which handles business from accross the UK, and have a particularly strong presence in the South-West.She joins Unity from Kerrier District Council where she worked as a community safety assistant, managing a range […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.


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