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GEMHL appoints chief operating officer

GE Money Home Lending has appointed Ian Ferguson as its new chief operating officer, reporting to Colin Shave, CEO of GE Money Home Lending.

Ferguson joins GE Money from Kensington Mortgages where he held the position of chief operating officer.

Prior to Kensington he held a number of senior industry positions, including director for corporate planning and delivery at Zurich Financial Services and director of mortgage operations at Bradford and Bingley.

In his new role, Ferguson will be responsible for all GE Money Home Lending mortgage operations, including originations, customer relations, collections and litigation.

He will also be responsible for deploying GE Money Home Lending’s technology investment and development over the coming years.

Shave, CEO at GEMHL, says: “With such challenging conditions in the market, this is a key role and an important appointment for GE Money Home Lending. With his significant experience and knowledge of the UK mortgage market, Ian will be a valuable asset to GE Money Home Lending’s senior management team. I look forward to working closely with him in the future.”


Pink offers proc fee incentive

Appointed representatives and directly authorised members of Pink Home Loans will be paid an extra 75 on selected product transfers.Halifax Intermediaries is also offering a 100 proc fee bonus to DA brokers who submit new, home mover and remortgage business via Pink Home Loans Mortgage Club or Club VIP. The deal is available on ranges […]

Leaks due soon on Crosby Report recommendations

On the Andrew Marr show this morning Ed Balls said he understood the Crosby Report was on The Chancellor’s desk. On that basis we ought to start getting leaks soon from the Government on any proposals they want to float as being worth introducing, assuming of course there are some, bearing in mind the interim […]

Home front

The Yorkshire came under attack from The Sun col-umnist Jane Moore last week, in particular Tanya Jackson, its corporate affairs manager.

Losses at mutuals prompt merger

Expected pre-tax half-year losses in excess of £27m have played a major role in the Derbyshire and the Cheshire merger with Nationwide, the UK’s largest building society.


Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.


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