View more on these topics

Mortgage Placement Co in own-brand link-up with non-conforming lender

Non-conforming lender Mortgages plc is teaming up with The Mortgage Placement Company to offer its products to its 8,000 members.

Mortgages plc hopes the deal, which will allow TMPC to brand the lender&#39s product range as its own, will lead to the introduction of more than £120m of new mortgage business.

Mortgages plc offers a range of non-conforming loans, including self-certification, right to buy and mortgages for borrowers with a poor or irregular credit history.

Mortgages plc sales and marketing director Peter Beaumont says: “Signing this agreement has been a significant coup for us against the bigger players in the market and it has been one of our key priorities in 2002 to secure strong relationships with significant volume producers.

“The agreement high-lights the value that large companies and brokers place on the high levels of service and innovation we provide.”

TMPC director Edwin Coughtrie says: “Our decision to work with Mortgages plc came as a result of extensive research into all of the non-conforming lenders operating in the market.

“Mortgages plc stood out in terms of service and product and its aggressive stance in the marketplace. It is also important to us that the lender we work with shows total commitment to the intermediary market.”


Value-added facts

I have been outlining certain aspects of target benefit-driven financial planning recommendations, where a client is encouraged to quantify the level of income he will require from a specified date in the future.After establishing a target level of benefit, which in earlier articles we have uplifted to take account of the assumed future effects of […]

Fees will not work for most IFAs

I refer to Julian Stevens&#39s letter (Money Marketing, May 23) issue concerning fees • commission is the first sensible letter on this debate that I have read. I wish I had the time to write similar letters to other interested parties.I agree whole-heartedly with his comments and criticisms, which are well founded and hopefully thought […]

L&G refuses to pay critical child claim

Legal & General is refusing to pay out a £15,000 critical-illness claim for a child diagnosed with bacterial meningitis in March 2001 despite stating the condition was covered on its key features document.IFA John Lismore Associates arranged critical-illness cover for a couple and their children in May 2000. Ten months later, their daughter was found […]

Yodlee in aggregate warning to IFAs as it closes in on UK

The US firm warns IFAs that failure to come to terms with the new technology could mean them losing selling opportunities to high-street banks.Aggregation, which is widespread in the US, gathers information from all a client&#39s different accounts and presents it on one website with one password.UK banks had refused to pass on data to […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]


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 thought leadership.

    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