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Brokers give thumbs up to Standard Life&#39s three minute mortgage

IFAs have given the thumbs up to Standard Life&#39s three minute mortgage suggesting that the service could prove a hit if it lives up to expectations.

Mortgage brokers say they would have confidence offering the mortgage despite the fast turnaround time.

Bridge Baxter managing director Nick Baxter says: &#34Because the bank is linked to Standard Life which has an excellent reputation I think it will be able to deliver a high quality product within the time frame it has set itself.&#34

Chase de Vere managing director Simon Tyler says: &#34The concept of agreeing a mortgage in three minutes is not new. What will interest IFAs is if it can actually be processed in nine minutes after all the relevant checks have been made.&#34


Pension funds up just 1 per cent by Q3 due to market turmoil

UK pension funds have successfully weathered this year&#39s stock market turmoil, according to the WM company.Strong performance in the first quarter compensated for dramatic falls in the last quarter of minus 10 per cent. Pensions funds are on average up 1 per cent on the year.WM executive director Alexa Henderson says: &#34Stormy markets have made […]

Generali launches offshore website for IFAs

Generali is developing an interactive web site to give international IFAs round-the-clock access to the full range of its literature and performance data.The Guernsey-based life office says it is developing the site to enable advisers to download literature and performance statistics at any time.The facility includes providing information about US dollar performance, a library of […]


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