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Mortgage Force adds two lenders to secured loan broking arm

Mortgage Force has launched two new national partners to facilitate its secured loan broking arm.

Promise Solutions and Your Broker Network have joined the 170-strong franchise network.

Mortgage Force director of distribution Stuart Johnson says: “We have entered into arrangements with Promise and Your Broker Network because they can offer the products, support and service we need for our franchisees in an extremely competitive market. We anticipate positive and co-operative partnerships with both firms who will compete with and complement each other to the benefit of mortgageforce clients”.

Promise managing Director Steve Walker adds: “We are pleased to add Mortgageforce to our ever increasing portfolio of business partners. Our flexible service levels mean that each network member has the choice of just how involved they would like to be in the packaging process. Of course, this is all dependant on their experience, but it is important that they have a choice”

Your Broker Network new business director David Hunter says: “This relationship with Mortgageforce will create new opportunities for both organisations combining the best of product developments with traditional values of excellent service. With over twenty years industry experience we know that service is critical to every broker – rest assured that the service you receive will be exactly what you personally require”.


Mortgage jobs axed

Mortgage Advice Bureau is the latest mortgage firm to cut staff numbers.MAB is making eight redundancies as the sub-prime credit crunch saw a total of 222 jobs axed at four lenders.Paragon last week cut 62 jobs at its Mortgage Trust subsidiary. Mortgages Plc and Kensington each axed 65 jobs while Edeus made 30 staff redundant.MAB […]

Tenet sets out guide to treat customers fairly

Tenet is producing a guide to treating customers fairly for network members to help them to embed the principles into their practices.The guide includes a toolkit outlining the main topics to be considered with illustrative examples and template documents on the member extranet.Tenet has been hosting a series of workshops around the country for principals […]

Wynaendts to take over from Shephard as Aegon chairman

Aegon chairman Donald Shepard is to retire next year after 37 years with the company.He will be succeeded from April 23 next year by Alexander Wynaendts, who is Aegon chief operating officer.Wynaendts is a member of the boards of Aegon’s main country units in the
 US, the Netherlands and the UK. He is also responsible […]

We need to hear the ombudsman’s views on the RDR

Surely the views of Financial Ombudsman Service are a key component of the RDR so where are they? We know what the FSA thinks or at least did at the RDR’s launch. And new boss Hector Sants may let us know what way the wind is blowing next week. But what of the man who […]


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