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Mortgage Direct receives MTA letter

Peter Gladdy, director of Mortgages Direct, says: “We&#39re pleased to have received our MTA letter. It is testament to the significant amount of time and money which Mortgages Direct has invested in compliance since the announcement of the pending FSA regulations. The letter is an important milestone in the development of the company and in our target of arranging £2billion worth of mortgages during this year.”

Mortgages Direct was established in 1990 to arrange mortgages and other financial services for customers of the Spicerhaart group. The company employs over 200 financial services consultants throughout the country.

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Network Data teams up with Conti

The partnership comes in response to rising interest in overseas property purchases and allows borrowers access to a comprehensive list of mortgage and insurance lenders, which until recently was limited in choice. Simon Conn, senior partner for Conti Financial Services, says: “Acquiring an overseas property can be challenging. By working with Network Data&#39s members, we […]

Genesis offers solution to ARs wanting to go independent

Genesis was the first network to make brokers aware of a problem arising out of the FSA regulations, which stipulate that a broker calling himself independent must offer his clients a whole of market product range and the option to pay a fee for the service provided. Where the client opts to pay a fee […]

Marlborough Stirling&#39s Interim results for six months ended June 30

Some of the financial highlights include, adjusted pre-tax profit of £1.7m, a reported pre-tax loss of £4.8m, adjusted diluted earnings per share of 0.5p, and a reported diluted loss per share of 2.3p. During the period, Marlborough Stirling secured major mortgage software contracts for Bradford & Bingley and CIBC as well as life and pensions […]

Personal Finance Society , LIA and SOFA announce name and details

The merged organisation will come into being on January 1 next year, subject to votes by both organisations. The mailings precede a series of member roadshows during September and October, which in turn are followed by EGMs, at which the votes will be taken on October 13 (LIA) and 15 (SOFA).  In a foreword to […]

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