View more on these topics

Mortgage Mole: United in delight

United in delight

Mole-Virgin-Money-football
Mole congratulates the lucky brokers who took part in the recent Virgin Money football tournament held on the hallowed turf at Old Trafford, home of Manchester United FC.

Apparently the 50 assembled intermediaries were divided into four teams: Blue, Orange, White and Yellow. The Blues were the eventual winners, romping to victory with a 2-0 triumph over the Orange team.

Mole hears all the brokers had a blast, as did their appreciative friends and family, who were cheering them on.

Lost for words

Mole was saddened to hear that former housing minister Gavin Barwell had lost his seat in last week’s general election.

Regardless of which party you support, most agree that Barwell was a competent minister in a role that has suffered too long from a merry-go-round of short-term incumbents.
How-to-win-a-marginal-seat

Nevertheless, Mole was simultaneously amused that Barwell, who only last year published a book called ‘How to Win a Marginal Seat’, had, unfortunately… managed to lose his marginal seat.

Luckily, it seems that Barwell is well fortified to cope with the loss: one section of his book is titled ‘How do you cope with the very real possibility that you might be out of a job tomorrow?’

Cat-astrophe averted

For obvious reasons, Mole has little love for the feline species.

But he was heartened to hear a tale last week from staff at Brighton-based adviser Skerritts Wealth Management, who had to take drastic action when a cat got itself stuck in the three-inch gap between the firm’s boardroom wall and a neighbouring wall.

A four-hour rescue operation was required to knock a hole in the wall and retrieve the unfortunate mog, with the RSPCA and local fire brigade lending a hand.

Fortunately the cat, Albus, was rescued in one piece and returned to his grateful owner.

On another positive note, Skerritts’ boardroom now boasts much improved ventilation.

Revved up

Mole is always keen to hear of the various hobbies of colleagues within our market, especially when they venture into the realms of the unusual.

So he was particularly interested to hear last week that Lloyds Banking Group head of housing development Douglas Cochrane could often be spotted astride a magnificent Harley Davidson motorbike.

Rock on, Douglas!

Recommended

Brokers must prove their worth to landlords, says Liz Syms

By knowing about and understanding the buy-to-let changes, you can guide your landlord clients towards some exceptions With the speed at which the buy-to-let market is altering, the role of the broker is more important than ever. But how do you keep on top of the changes? Perhaps the most significant of these took place […]

Broker Focus: Signature Financial Services

The Mortgage Strategy Broker Focus column aims to amplify the voices of intermediaries up and down the country. Profiling a different mortgage broker every week, the column will ask a mix of light-hearted and professional questions about the individual, their firm and their take on the mortgage market. This week it is the turn of Signature […]

Business-Handshake-Finance-Deal-700.jpg

Bird joins Octane Capital from L&G Investment Management

Specialist lender Octane Capital, which officially launched in early May, has appointed Matthew Bird as director of commercial real estate finance. Bird joins from Legal & General Investment Management and has 20 years’ experience within commercial property. Prior to LGIM Real Assets, Bird spent 10 years at UK real estate fund manager, Frogmore. He began […]

Business-Handshake-Finance-Deal-700.jpg

Investec hires new business development manager

  Investec Private Bank has hired James Glynne-Percy as a new business development manager. Glynne-Percy joined Investec in 2014 and has been building the introducer channel for Investec’s Private Client FX department. He now joins fellow business development managers Peter Izard and Joe Webster to bolster Investec’s broker relationships. Izard says: “I’m delighted to welcome […]

Newsletter

News and expert analysis straight to your inbox

Sign up