Sesame Bankhall Group made a £2.2m profit in 2011 down from £5m in 2010, its results show.
The avalanche of lenders changing their interest-only policies over the past few weeks is likely to cause a ripple effect among small lenders that will find themselves swamped with applications.
Abbey for Intermediaries has today increased rates across a selected range of residential and buy-to-let products.
The Council of Mortgage Lenders says pronouncements of an interest-only time bomb are exaggerated.
Health cash plan provider Health Shield has won two UK financial awards in the same year for the first time. The Crewe firm beat several brands in the health insurance sector to win Best Cash Plan at the Cover Excellence Awards and Best Cash Plan Provider at the Health Insurance Awards in October.
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