The Regulatory Alliance of Mortgage Packagers has reported increased business for members, up 18% in July 2005 compared to the same period last year.Representing some of the largest branded mortgage arrangers in the country, RAMP has bucked the trend highlighted by the latest Council of Mortgage Lenders figures for lending which shows a market decline of 13% for the same July period. John Rice, managing director of RAMP, says: “Apart from their undoubted individual business skills, RAMP’s members have benefited from being part of a group which allows them to pool considerable resources to provide better products and services. “However, just as important is the way in which so many different skills and talents have been brought to the RAMP table. “RAMP’s progress shows that competitors in the same market can derive huge individual benefit from being part of a dynamic group.” He adds: “Taking everything into account, with a year-on-year increase in business of 18%, RAMP members are showing it is possible to thrive in a difficult trading environment.” Wayne Smethurst, senior partner at The Finance Centre, one of the founding members of RAMP, says: “These figures are evidence that the massive investment in time and effort made by RAMP members over the past 18 months has allowed us all to benefit from the general flight to quality and the demand for consumer friendly product innovation.”
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Legal & General has continued to develop its e-business service with the expansion of its protection and general insurance products on its integrated quote and apply system, Online Protection. The product suite now includes the following products: * Family and Personal Income Plan, the family protection product with a monthly benefit.*Mortgage Payment Protection Insurance, providing […]
What is the world coming to? Nick Hancock? Mortgages?
c2 secured, the secured lending arm of national mortgage distributor and branded lender c2 financial, has announced further dates for its series of regional secured loan workshops to be held at venues across the UK.In addition to the dates recently announced for the Carlton Hotel in Bournemouth on September 15 and Jury’s Hotel Heathrow on […]
Wright & Wright Solicitors have completed the first mortgage transaction with Beacon HomeLoans.Assisted by RAMP packagers and by Beacons Solicitors, B Legal, this completion marks the first of a number of pipeline deals that are coming to fruition since Beacon launched its range a short time ago.Julian Sampson, partner at Wright & Wright, says: With […]
It has taken a little longer than expected, but finally the jaws of regulation are closing on those employers who have failed to meet their auto-enrolment (AE) legal duties.
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