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Countrywide to reveal tie-up with Mortgage Advice Bureau

Countrywide and Mortgage Advice Bureau are believed to be on the cusp of announcing a joint venture.

It is believed the deal will be formally announced tomorrow.

It is understood that Countrywide will not be buying the firm out right but entering into some form of partnership.

Countrywide has made no secret of its intention to acquire a brokerage and was rumoured to be looking at Savills Private Finance.

In April it bought mortgage network Mortgage Intelligence Holdings and last June it bought Hamptons International.

Mortgage Strategy revealed last November that it had a bid for Personal Touch Financial Services turned down in 2010.

Peter Brodnicki, chief executive of MAB, was unavailable for comment.


Lloyds TSB’s misleading ads banned

Two television advertisements from Lloyds TSB have been banned by the Advertising Standards Authority for being misleading.One complainant challenged whether an ad for its Money Manager service was misleading because the service was not available at the time the ad appeared. The ASA ruled that by the time the complainant viewed the ad, the service […]


Driving customers into brokers’ arms

It’s great to see Legal & General and the Association of Mortgage Intermediaries kicking off a campaign that aims to drive customers into brokers’ offices. I can’t remember the last time I read something in the national press that was fighting mortgage brokers’ corner. We have also been busy over the past few weeks bringing […]

Identifying best-in-class UK stocks — Mark Martin, Neptune UK Opportunities Fund

FE Alpha Manager Mark Martin assumed management of the multi-cap UK Opportunities Fund at the beginning of February. As manager of the highly regarded UK Mid Cap Fund, Martin has begun restructuring the new portfolio to focus on our very best UK stock ideas from across the FTSE All-Share Index. In this video, update Martin addresses:

– Themes informing the UK Opportunities Fund
– The multi-cap structure of the fund
– UK equity valuations


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