View more on these topics

Jack Saxton to join Mortgage Force

Jack Saxton, ex-head of survey and valuations services at Colleys, will begin work as a strategic consultant for Mortgage Force in the new year.

In this new role, Saxton will be working primarily in the Midlands and Northern regions.

Mortgage Force managing director Kevin Duffy says: “Jack has got to be one of the most connected and respected operators in the industry and he will add value immediately. The market is definitely improving and the rutting season will start in earnest soon as businesses begin to replenish their talent pools. It’s great to have him on board.”

Saxton says: “I am being selective in respect of the roles I am taking on, but there’s a lot to like about Mortgage Force and it definitely feels right. After 25 years on the lender side of the field I look forward to adding clear value to customers working with this respected & major intermediary.”

Saxton confirmed in July he was leaving Colleys, the surveying arm of Lloyds Banking Group, after 25 years.


Nationwide lending at four-year high

Nationwide’s gross residential mortgage lending in the six months to 30 September rose 15 per cent year-on-year to its highest level in four years. Announcing its interim results, chief executive Graham Beale told Reuters the building society it is interested in purchasing the 316 Royal Bank of Scotland branches up for sale after a proposed […]

Bunton says individual registration a high priority

The new chairman of the Association of Mortgage Intermediaries, Patrick Bunton, says implementing individual registration of mortgage advisers is a “high priority” but says any future register should apply to brokers and lenders’ staff. Bunton, who is also the operations and compliance director of mortgage broker London & Country and has spent the last four […]

AR firms on the rise again as figures show small increase

The number of appointed representative and directly authorised mortgage firms is on the increase, according to FSA figures. In March 2012 there were 2,383 AR firms operating in the market compared to 2,434 at the end of September, an increase of 2.1 per cent. At its peak there were 5,123 AR firms operating in the […]

Andrew Montlake MS blog


Interest-only looks like it will only survive as a niche product for the wealthy as the big lenders withdraw from the market and it looks like the small and medium-sized firms will have to follow suit

Pensions - thumbnail

Mothers missing out on millions

New HMRC figures show number of ‘mothers missing out on millions’ in pension rights has doubled in two years – Steve Webb Figures published on 24th March by HM Revenue & Customs show a doubling in the number of mothers missing out unnecessarily on vital pension rights because of a change in the rules on Child […]


News and expert analysis straight to your inbox

Sign up