View more on these topics

TMO roadshows promote introducer options

Three options are being offered to those brokers who will not be authorised to give, or to those that will choose not to give advice, after October 31. There are no application fees or ongoing charges, and Introducers will face far less or no regulation or compliance worries (depending on the Option taken) as clients will receive full advice through TMO&#39s business to consumer brand, The Mortgage and Loan Group.

MLG&#39s advice team will take care of the compliance burden because their advisers are trained to provide appropriate advice and to convert leads effectively. This enables the Introducer to concentrate on obtaining other business leads.

Stuart Johnson, TMO sales and marketing director, says: “We believe our introducer offering is unique in the marketplace and feedback so far from our Members has been exceptional. We expect growing interest in the introducer route the nearer we get to M-Day, and we have the resources in place to meet this demand.”

Roadshow dates are:

September 15, Bristol

September 16, Birmingham

September 21, Newcastle

September 30, London

October 5, Bolton


Market Watch

Both swap rates and LIBOR were quite volatile, ending slightly up last week. • One-year money is up 0.05% to 5.19%• Two-year money is up 0.05% to 5.20%• Three-year money is up 0.05% at 5.25%• Five-year money is up 0.05% to 5.32% Alliance & Leicester has launched a two-year fix at 4.95% and a two-year […]

PlusOne restructures sales and support teams

The company offers general insurance white labelling and third party administration services to life companies, IFA networks and mortgage clubs, affinity groups and friendly societies. With immediate effect Rob Kleinberg will become client relations manager, having previously been customer service manager and Tony Mifsud will become sales and training manager, having previously been a regional […]

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 […]

MCCB research confirms affordability is key for consumers

The results &#45 from a survey of over 200 mortgage borrowers &#45 complement the mystery shopping research results published by MCCB in July. The survey covered the way affordability issues are being addressed by mortgage firms in the whole mortgage sales process. This research is the last to be commissioned by MCCB to gauge consumer […]


News and expert analysis straight to your inbox

Sign up