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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 can assist them in a complicated and difficult market. With the number of staff, lenders and variety of schemes at our disposal, we can help to facilitate mortgages for Network Data clients.”

Terry Young, head of operations for Network Data, says: “We were impressed with Conti Financial Services overall proposition and given the increasing interest being shown in this type of lending, felt confident that their addition to our offshore panel will prove very successful.”


Bankhall planning to expand into Europe

It says it will use its expertise gained in the UK to capitalise on the introduction of the European Insurance Mediation Directive which will bring regulation to all member states from January 15. Group sales director Shaun Godfrey says: “The directive means that 250,000 firms across Europe are about to be regulated in some form […]

Insurance clubs may be doomed

There is a system of broker networking that looks to be heading for extinction after general insurance regulation. Insurance clubs, through which brokers group together to share views, ideas and information on the market – and in some cases negotiate deals for themselves with insurance providers – are likely to become less common. In fact, […]

Smee quits Aifa

Smee has held his post at AIFA since September 1999. During that time he has navigated the organisation and its membership through numerous regulatory reviews, including the lengthy consultations on depolarisation, and has steered the industry through a change in legislation, regulators and rules. John Gummer MP, Chairman of AIFA and AMI says: “The IFA industry is […]

SPF launch equity release scheme for Spanish houses

SPF has launched the first ever product that allows UK owners of Spanish property to release equity up to 80% of the property value. Until now, releasing equity from a Spanish property, where strong property price increases have occurred in recent years, has been almost impossible beyond 40% of the value of the property. The […]


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