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Pete Thomson promoted to MD of RPS

Pete Thomson has been promoted to managing director of Residential Property Solutions Limited, the specialist sale-and-rent-back firm.

Thomson, who has been sales director since the company’s launch in May last year, takes control of the day-to-day running of the business and will continue to report to Peter Beaumont, chief executive of RPS Capital Partners Ltd.

Beaumont says: “Over the course of the past year, our business has developed in two distinct areas: Residential Property Solutions Ltd, which markets a regulated rent-back proposition via intermediaries.

“And RPS Capital Partners Ltd which, as a property fund, works with banks, receivers, insolvency practitioners, lenders, property developers and landlord to enable them to quickly dispose of either individual properties or larger developments.

“I am delighted that Pete will be responsible for our regulated subsidiary, Residential Property Solutions Ltd. Pete has many years experience of both working in a regulated environment and with intermediaries and has the necessary skills and experience to grow the business in a market which has undergone radical change during the past 18 months. I wish Pete every success in his new role.”



New beginnings, clear horizons

As we settle in to 2010 and the new decade, the new world for mortgages is becoming a little clearer.  We have seen the first re-brand of a lender, uniquely before launch. 

MODS will raise capital without hitting mutual status

Building societies have come up with a solution to the sector’s capital-raising problems that does not involve sacrificing their mutual status. Societies are developing a instrument called Mutual Ordinary Deferred Shares that allows them to recapitalise but is also loss absor-bing. ODS act like bonds but societies reserve the right not to pay out on […]

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Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


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  • Paul 22nd February 2010 at 1:20 pm

    I take it he won’t be starring in the Royle family as twiggy now then as he’s too busy!!!!