View more on these topics

Lenders downplay petrol inflation sales fears

Lenders are playing down the effect that the cost of petrol shooting up to £4 a gallon will have on the capacity of their sales staff to travel around the country.

Jeff Knight, head of marketing services at GMAC-RFC, says: “This won&#39t be a problem but if there was a petrol strike, people would be unable to drive. And even then our sales team have laptops and phones.”

And Paul Fincham, spokesman for Halifax, says: “In terms of travel policy, our people are already encouraged to be prudent, with car-sharing initiatives, travel by train and so on.”

Recommended

CA exposé excluded brokers

No IFAs or independent mortgage brokers were included in the survey by the Consumers Association for Which? that accuses the financial services industry of being “rife with poor advice and questionable sales tactics”. The year-long undercover investigation, the results of which were published last week, limited its research to 39 banks, building societies and estate […]

Good start for new build deal

Accord Mortgages has signed over 30 broker firms to the new build mortgage deal it launched in March this year. The deal is designed as an exclusive product for intermediaries who specialise in arranging mortgages for people buying new homes, often working in conjunction with the builder. The Yorkshire subsidiary says a number of the […]

OneSearch Direct completes record 350,000 local searches over year

Electronic local search provider OneSearch Direct has completed a record 350,000 local searches over the last year, as it celebrates the first birthday of its nationwide service in England. Backed by 3i and HBOS, OneSearch Direct says it is now the largest private supplier of local searches in the UK and the company is anticipating […]

Conveyancing arm is rebranded

Sherrards Solicitors, the Hertfordshire-based legal firm has rebranded its volume conveyancing and remortgaging division as &#39Homefast Property Lawyers&#39. Homefast is currently handling some 2000 transactions a month nationwide and provides services to three of the top five estate agency chains in the UK as well as five of the top 10 lenders. It also acts […]

Thumbnail

Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).

Newsletter

News and expert analysis straight to your inbox

Sign up