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Accord Mortgages joins Connells panel

Accord Mortgages has joined forces with Connells and has been appointed to its restricted panel of lenders.

Accord had an existing relationship with Connells through Chelsea Building Society’s intermediary lending arm Chelsea Intermediary Services,  which ceased operating in October last year as part of the integration of Chelsea’s services with its merger partner, the Yorkshire.

Karen Faulkner, mortgage services development manager of Connells, says: “We are delighted to build on our longstanding relationship with Chelsea Building Society by  having Accord Mortgages join our Restricted Lender Panel and at a key point as we expand our sales force by a further 100 mortgage consultants.  

’We look forward to  working alongside the Accord team to ensure we provide our customers with the widest range of competitive mortgage products.”

Chris Maggs, divisional manager south of Accord Mortgages, says: “At Accord we focus on developing key intermediary lending partnerships and we’re delighted to be  working with Connells.  

’The Connells Group offers quality controlled mortgage distribution alongside its estate agency and new homes services and is well placed in the  intermediary market to drive new business and ensure people find the mortgage deal they need to secure the property they want.”


Lloyds may give brokers chance to offer negative equity scheme

Lloyds Banking Group says it will consider launching its negative equity deal through brokers if it proves a success. Last week the lender revealed plans to allow existing Lloyds group borrowers in negative equity of up to 120% LTV to downsize, relocate or move to a bigger home. The Second Steppers scheme will launch on […]

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk


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