View more on these topics

Mortgage Mole: Lotto losers


Lotto losers

Last week saw the news that enterprising Worcester granny Susanne Hinte, 48, had tried to win a share in the £33m Lotto jackpot with a ticket that had allegedly been through a washing machine and got mangled in the process.

Not to be left out, Martin Stewart, who runs London Money, thought they would have a go too and tweeted a photo (see below) of their winning ‘ticket’ along with the caption: “Hang on, something’s not stacking up with this lottery thing. I’ve got the £33m winning ticket right here.”

Pretty convincing, I’m sure you’ll agree.


Sadly for both Susanne and London Money, the real winner of the £33m has since come forward to claim their cash. Rumours that London Money are now applying their impressive forgery abilities to printing counterfeit money and passports remain unconfirmed at the time of going to press.

Painful flashback

Mole was amused this week by a broker tale of a comedy of errors. The broker told him that he recently received an invitation from Ipswich Building Society to join a new organisation called the Prestige Club, described as an “exclusive club” for the lender’s key broker partners.

Naturally, the first thought of the broker concerned was that this was some form of high-class gentlemen’s establishment. So imagine his confusion when he found out that the club was in fact a forum to give selected brokers access to exclusive products.

“For a moment I thought we were going back to some sort of pre-2007 misbehaviour,” the broker said.



HSBC set to decide on UK exit

HSBC is to hold a board meeting this week to decide whether the bank will move its headquarters away from the UK. The 20-person group board will hold a two-day meeting at the end of the week in Hong Kong to make a decision on the move, a source told the Daily Telegraph. HSBC, which has been […]


Peter Curran: Will the headwinds blow the market off course in 2016?

Will the tailwinds outdo the headwinds in 2016? As we kick off a new year, it is slightly unusual to consider that the UK mortgage market is probably facing into several headwinds. I will cover this later in my article, but what I should state now is optimism reigns supreme and, of course all the […]

FCA logo new 3 620x430

Self-cert lender hits back at FCA

Controversial self-cert lender has hit back at the Financial Conduct Authority after the regulator urged consumers to be wary of dealing with the firm., which claims it has had to suspend lending due to high demand, is based in Prague and is doing business in the UK by using the Electronic Commerce Directive. […]


Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).


News and expert analysis straight to your inbox

Sign up