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Mortgage guru Yousefi quits A&L

Alliance & Leicester head of intermediary mortgage Mehrdad Yousefi has quit after 18 years at the lender.

He will remain at A&L until a successor has been appointed, with rumours suggesting he is set to join Merrill Lynch.

An A&L spokeswoman says: “He will stay until we have sorted out a successor to ensure an orderly transition.”

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