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Alexander Hall in single-tie GI deal with Halifax

Alexander Hall is cutting its link with independent insurance broker Heath Lambert and moving to a single-tie general insurance arrangement with Halifax.

The mortgage broker says Heath Lambert has been unable to match the GI rates offered by Halifax, particularly for clients in the South-east and London.

Alexander Hall says Heath Lambert’s panel struggled to compete on terms offered on leaseholds, flats and for first-time buyers. Halifax has also been the biggest provider of mortgages to Alexander Hall in the last six months.

Chief operating officer Andy Pratt says: “After a comprehensive review of the general insurance market, we believe that the Halifax products offer the best value for our clients in London and the South-east.”

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