View more on these topics

Mortgage Power picks champion

This year&#39s third annual awards of London mortgage broking network The

Mortgage Power highlighted high-achieving advisers.

The event aims to pay tribute to quality advice and examine the future of

mortgage broking. Speakers included Council of Mortgage Lenders senior

policy adviser Kate Main, on the future of the mortgage market, and Money

Marketing editor John Lappin, who spoke on the issue of recommending

repayment mortgages.

Awards are made on a bronze, silver, gold, ruby and diamond basis to the

network&#39s 50 members. The champion&#39s award for highest numbers of mortgages

completed went to Imperial Financial Services proprietor Dinesh Shonchhatra

for the second year running.

Mortgage Power chairman Hardyal Luther says: “This year we devised an

award category to pay tribute to the important partnership between lenders

and brokers. UCB Home Loans was the company which emerged as the top lender

after we surveyed our members.”

Recommended

PIA kicks out three companies

The PIA has announced a new round of expulsions, fines and reprimands.The regulator has terminated the membership of Jeffries & Co of 42Barrhill Road, Kirkintilloch, Glasgow, on the grounds that its soleprincipal is bankrupt.It has expelled The Independent Consultancy Group of Brue Business Park,Church Road, Bason Bridge, Highbridge, Somerset, for failing to comply withtraining and […]

Carpetbaggers cut out of windfalls

Scottish Provident has announced that buyers of second-hand policies will not be entitled to windfall payments should the insurer demutualise.The move is an attempt to block so-called “carpetbaggers” who purchase policies solely to take advantage of companies that are pursuing the conversion option.Standard Life, another insurer recently threatened with demutualisation, passed a similar resolution. It […]

Charity claims insurers are breaking genetic test rules

The Alzheimer&#39s Society is accusing insurers of flout ing the ABI&#39s codeon gen etic tests.The society has written to the ABI to complain about the ambiguous wordingof application forms, which it says could prompt consumers to divulge theresults of genetic tests unnecessarily.The society claims that ABI members are breaking the code by failing toinform consumers […]

1

Alliance and Leicester settles with former chief executive

The much publicised dispute between Alliance and Leicester and ousted chief executive Peter White has been settled out of court. The deal is allegedly worth £1.9m in straight cash, substantially more than the £1.05m originally offered by the bank and turned down by White. White had initiated legal action, suing the company for unfair dismissal. […]

Planning now for the residence nil-rate band

Graeme Robb, senior technical manager at Prudential, writes about the residence nil-rate band and the advice opportunities it presents for you when tax year-end planning with your clients. On our Planning Matters hub, we considered a widow, Margaret, and a married couple, John and Anne, for whom the residence nil-rate band (RNRB) is influencing planning […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment