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Q1 2012 is over and done with in a maelstrom of rate rises, last-minute changes, criteria tightening and general broker bashing.
Nationwide and Lloyds Banking Group dealt a blow to the broker market last week by making cuts to a number of their proc fees. Mortgage Strategy understands Nationwide has cut its proc fees for directly authorised brokers by 0.02% from 0.35% to 0.33%, but appointed representatives are not affected. Nationwide would not confirm the extent […]
PMS has hit out at Legal & General over comments made in last week’s Mortgage Strategy about proc fees.
Comparison websites could face a major shake-up as a result of the Mortgage Market Review proposal to ban non-advised sales. The final MMR consultation paper published in December proposes that the majority of interactive mortgage sales must be advised. Financial consultancy Bovill is advising brokers and lenders on the MMR’s impact on their business. Bovill […]
Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.
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