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LoanCheck Foundation hits 40,000 enquiries

Since its inception in February 2008, nearly 40,000 people have registered and are using LoanCheck.

John Whittaker, chief executive officer at the LoanCheck Foundation, says: “We have already assisted many thousands of consumers over the last few months alone. We have seen a huge upsurge in the number of consumers utilising our free service, we believe that this surge is due to the recent confirmation of overcharging and miss selling.”

This comes at a time when the Competition Commission has found that people buying Payment Protection Insurance are being over charged by 1.4bn a year.

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Cheval bought by owner of Domino’s Pizza UK

Bridging finance lender Cheval has been bought by investment partnership Credit Investments, one half of which is the UK owner of Domino’s Pizza. Credit Investments is owned Colin Halpern and Ellis Sher. Halpern is an experienced entrepreneur who bought in 1993, with his brother Gerry, the UK and Ireland franchise for Domino Pizza. Together the […]

MoneyQuest chooses LMS

MoneyQuest, which offers telephone and internet financial services, has chosen LMS to create and manage its on-line conveyancing service for customers. Staff at the brokerage and their clients can also track the progress of the conveyancing process online and there is a no completion no fee guarantee.Dominic Toller, director of marketing and new business at […]

Have your say on reversion regulation

Good news last week for the industry with Norwich Union saying that it hopes to have a drawdown lifetime mortgage available in the next month. This is an indication that NU is still committed to this market. We wait to see where the pricing of the product will sit alongside competitors.

Out of town

SmartNewHomes says rising London prices could be pushing buyers at the lower end of the market out of the capital.

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