View more on these topics

Mortgage 2000 business loan service on web

Mortgage 2000 has set up an online commercial mortgage auction service for IFAs.

The company&#39s website,, is offering the new business-to-business service which compares the deals offered to IFAs from 13 commer-cial lenders.

The system identifies the best commercial mortgage available for a client, demonstrating how remortgaging can save commercial borrowers money. It encourages clients to submit their requirements online.

Mortgage 2000 says the system will save clients at least £4,000 a year on the average £200,000 commercial mortgage.

IFAs complete an online proposal on behalf of clients, which is forwarded to the lenders on the panel. The processing takes about 10 minutes before IFA can select the best bid from the range. Commission is 0.2 per cent for each completed business.

The lenders on the panel include Barclays, RBS and Citibank and a number of smaller building societies. commercial channel controller Richard Mason says: “The potential is huge and IFAs business clients have nothing to lose. The big four banks have had it their way for too long and this an opportunity for IFAs to market themselves direct to businesses and make inroads into what has been a business leading club.”


Baby bio grows up

Biotechnology stocks seem to be the next big thing in investment opportunities. A few months ago, dotcoms were the main headline-grabbers but after a marked decline in fortunes, biotechs appear ready to fill the gap.A succession of high-profile mergers and acquisitions, combined with an increased number of drugs reaching the market, as well as the […]

Leitch heads New Deal team

Zurich Financial Services chief executive Sandy Leitch is to become the new chairman of Chancellor Gordon Brown&#39s New Deal Task Force for the young unemployed.Leitch, who recently finished his term as chairman of the ABI, will replace Sainsbury group chief executive and former Prudential chief executive Sir Peter Davis as the head of the committee.The […]

Package up their troubles

Last week, I put forward the view that the role of the financial adviser – and, thus, the product provider – is increasingly to offer solutions, not products. Financial products may well be part of the solution but as a means to an end and not an end in themselves.Those involved in the business insurance […]

Website connects solicitors with IFAs

Training network Pro-Act is launching an internet portal aimed at putting lawyers in touch with specialist IFAs.The site allows lawyers to find financial planners who specialise in areas such as inheritance tax planning, pensions and divorce, stakeholder and corporate protection.The financial planners are Pro-Act members who have all been vetted for their “quality and commitment”. […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm