View more on these topics

Infinity Mortgages launches application processing system

Infinity Mortgages is offering a discount on its application fees by £50 for all mortgages submitted on-lines unsing the lenders&#39 new application processing system, Infinet.

Infinet, which can be accessed from September 30 will allow intermediaries to produce accurate KFIs, source products, submit an on-line application and track cases and proc fees.

Infinity chief executive Matt Gilmour says: “Infinet is a state of the art mortgage application system whoich enables brokers to trade effortlessly online. What&#39s more, it allows brokers a chance to get used to KFIs a full mont before regulation is introduced.”


Buoyant Bestinvest looks for buys as profits rise by 43%

Bestinvest profits leapt by 43 per cent to £2.59m for the year to the end of May, up from £1.8m the previous year. Turnover rose by over 20 per cent from £5.31m to £6.61m. The firm says the business figures provides sufficient capital for it to go on the acquisition trail. Chairman John Spiers says: […]

Consumers in call for probe by UK on Euro gender plans

The Consumers&#39 Association is pressing the Government to carry out an investigation of the EU&#39s proposed directive on gender equality independently of the insurance industry. The CA has welcomed the House of Lords European Union Committee&#39s recommendation for further research into the implications of the directive. The association is recommending that further research should include […]

AITC wants off-the-page watchdog

The AITC has called for an expansion of the Financial Ombudsman&#39s remit to cover off the page buyers of investment trusts. Currently the Ombudsman covers investors who bought investment trust shares through fund manager&#39s own savings plan schemes or on the advice of a broker. Daniel Godfrey, director general of the AITC, believes those direct […]

NU axes jobs in move to India

Norwich Union is to outsource 7,000 jobs to India by 2007 in a move that will see life and pension policyholders&#39 queries put through to overseas centres. NU says the move will cut admin costs by around 40 per cent and will allow it to respond to customer demand for direct contact with call-centre staff […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment