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Boleat back in loan launch

Former ABI director general and CML founder Mark Boleat is to burst back

on the scene with a new mortgage firm.

Boleat will only reveal that the company will be a business-to-business

operation which will do business online but is not “a dotcom in the

traditional sense”. He admits he is not the main backer of the venture.

Boleat started out at the Building Societies Association in 1974 and rose

to become director general. He left in 1993 to become director general at

the ABI. He was instrumental in the formation of the Association of IFAs.

He left the ABI in 1999. For the past year he has headed his own

consultancy advising trade associations.

Boleat says: “We will be providing a niche product ina niche market. We do

not know when we are launching because we are looking at the market every

week.”

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