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Bristol & West teams up with Mortgages plc

Bristol & West mortgages is offering mortgage intermediaries a new adverse credit range with Mortgages plc.

The range includes products of all types of adverse clients including self-certification, full status, purchase and remortgage. The procuration fee for intermediaries will be up to 1.5 per cent.

The relationship means B&W will receive and process all applications while Mortgages plc will advance the loans and administer the mortgage account.

B&W Mortgages head of marketing Dominic Toller says: “Our new range is just what intermediaries have been asking for – it is flexible, easy to understand, competitive and comprehensive.”


Tories plotting a revolution

The Tories want to revolutionise retail regulation – their plans amount not to reform but to FSA Mark II.

Under Shadow Chancellor Oliver Letwin’s plans, retail investors and savers would get the information they need to make informed decisions but they would not have a system of regulation that sought to minimise their risk when investing.


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