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Lifestyle to recruit 100 mortgage advisers

Sub-prime broker and packager Lifestyle Finance plans to recruit 100 mortgage advisers in 2003 as part of business expansion plans.

The new mortgage advisers, who will be recruited as Lifestyle Finance employees, will be given full support, including compliance and product training, and supplied with confirmed sales appointment bookings. Lifestyle already has 45 brokers on its books.

Mike Worthington, Lifestyle &#39s managing director, says: “Establishing a national network of advisers is an important part of our strategy to become the UK&#39s largest sub-prime broker packager. We are also currently running extensive consumer advertising and mailings programmes to promote sales leads”

Lifestyle Finance has recently signed strategic distribution partnership deals with lenders SPML and igroup.


APS mortgage club grows membership by 200%

Manchester-based mortgage club APS Europe hopes to build on a successful first year after a 200% increase in membership over the last 12 months. In addition to attracting new introducers to the direct submission club throughout the course of the year, APS Europe&#39s panel of lenders grew from 30 at launch to 38 by December […]

Halifax index corrects inflation figures

The average UK house price rose to £121,794 in December, the latest Halifax house price index reveals. The index records a monthly change of -2.1%, but Halifax is quick to point out this apparent drop is “purely attributable” to technical adjustments made to December&#39s calculation. These include the inclusion of properties costing in excess of […]

ABI advises homeowners on frozen pipes

With much of the country facing a sudden spell of freezing temperatures, the Association of British Insurers is advising homeowners on how to avoid flooding from burst pipes and making an avoidable insurance claim. It tells occupiers to turn off the water if pipes or tanks freeze, and using a hairdryer or hot water bottle […]

HBOS appoints new Bank of Scotland governor

HBOS has appointed George Mitchell as governor of the Bank of Scotland and Sir Ron Garrick as deputy chairman of HBOS plc. The appointments follow the retirement of Sir Peter Burt, deputy chairman of HBOS and governor of Bank of Scotland, and take effect immediately. George Mitchell is chief executive of Bank of Scotland corporate […]

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.


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