View more on these topics

Halifax lending division ditches &#39X&#39

Halifax has taken another significant step to distance itself from its building society roots with the announcement that its lending division is ditching the Halifax &#39X&#39 logo.


But the high street bank will retain the &#39X&#39 identity.


The mortgage arm will now be known as HMSL – Halifax Mortgage Services Limited in full – which Halifax says will prevent consumer confusion.


The company will now trade under the name HMSL with a new logo depicting four roof tops to establish a separate identity from the high street bank.


HMSL is based in Cardiff and specialises in producing packaged mortgage products.


Halifax spokesperson Ian Beggs says: &#34 The re-branding has come about to prevent confusion as to where HMSL fits in. We want to prevent confusion in the eye of the public by making it clear that we are a subsidiary of Halifax providing a very specialised service.&#34


HMSL has been trading since February 1995 when Halifax bought BNP Mortgage Holdings Ltd.

Recommended

Swiss Life doubles maximum critical illness cover

Swiss Life (UK) has doubled the maximum critical illness benefit available to members of employer sponsored schemes from £250,000 to £500,000.It has also extended the number of medical conditions covered to all new and existing plan holders at no extra cost.Maximum cover for spouses or children of members has also been increased to £50,000 and […]

Pep and unit trusts fall by £150m

Net sales of unit trusts and Peps fell to £149.4m in September, down from £421.4m in August, according to figures from the Association of Unit Trusts and Investment Funds.The main cause was lack of buying by the institutions, which had net sales of minus £184.2m.Gross institutional sales of £957m were slightly down on last month, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment