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Mortgage Intelligence acquires FYB Network

Mortgage Intelligence has acquired mortgage network “Life and Easy”, which trades as FYB Network.

FYB, which has around 50 advisers, will join the Mortgage Intelligence and Mortgage Next brands under the umbrella of Mortgage Intelligence Holdings.

MI would not disclose how much the deal was worth.

MIH managing director Sally Laker says: “FYB have a strong protection and insurance offering which will complement the well-established mortgage background of both Mortgage Intelligence and Mortgage Next.  It also enables all brands under Mortgage Intelligence Holdings to benefit from significant economies of scale and add to our already strong profitability.

“In particular the values and behaviours are a great overlap in our two companies and I am looking forward to working with the great team of advisers that are part of FYB, focussing on delivering a quality service and significantly contributing to growing our business in a climate that is very challenging.”

FYB founder Mal Rostron says: “This is a tremendous opportunity to grow the current network and work in partnership with Mortgage Intelligence. With the backing of such a well-respected brand as Countrywide and the synergy that exists between Mortgage Intelligence and FYB, this is a positive step for all parties.”

Countrywide acquired Mortgage Intelligence in April 2011. FYB was founded in 2004 and became a fully authorised network in May 2007.


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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