View more on these topics

PMS launches large loan service

PMS has launched a new commercial partnership with specialist broker to deliver a large loan referral service for PMS members. specialises in mortgages of between £500,000 and £50m and has expertise and experience in creating tailored solutions for brokers and their clients.

Martin Reynolds, development director of PMS, says: “We are all aware that the financial services world is changing at a rapid pace and we all need to explore all avenues open to fully meeting the needs of our clients. This new bespoke service provided by PMS and will truly offer a previously unavailable source of funding to the general broker marketplace.”

Paul Welch, managing director of, adds: “With the high street lenders making sweeping cuts to their product ranges and criteria, even treating bonuses differently, brokers may be finding it hard to place large mortgage loans at the moment, with a resulting loss in revenue. That’s where aims to help PMS brokers and their clients.”


Rock repossession stock leaps 63%

Northern Rock’s number of unsold repossessed properties rose by a massive 63% in a year, its annual results reveal.

Time to give saving a chance

The word unprecedented is fast becoming overused when talking about the financial services sector. But the low interest rates we are currently seeing have led to an unprecedented situation whereby it is in the interests of borrowers for the Bank of England base rate to go up rather than down.

Alexander Hall to close head office

Alexander Hall is to close its head office on Lombard Street, London, but says the decision is not related to the current economic climate.

Mortgage Intelligence offers 48 hour proc fee

Mortgage Intelligence is offering 48 hour procuration fees for Abbey’s latest exclusive 3.59% two- year fixed broker rate to all directly authorised members.

Qatar cover image - thumbnail

White paper — Qatar International Insights

Jelf Employee Benefits highlights new legislation, key requirements and policy considerations when structuring international private medical insurance (IPMI) for expatriate employees in Qatar. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Qatar.


News and expert analysis straight to your inbox

Sign up