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Northern Rock encouraged by intermediary support

Northern Rock sales director Mark Robson claims the company has received “overwhelmingly positive” feedback from its key intermediary contacts following assurances that the company remains fully operational.

Robson says: “Since Northern Rock’s Stock Exchange Trading Statement last Friday, we have been in touch with our key intermediary contacts to ensure that they are aware that our doors remain open for mortgage business. We have been encouraged by the overwhelmingly positive responses that we have received.

“The over-riding message is that Northern Rock is open for business and our full product range is available. All mortgage applications, pre and post offer, are unaffected by the announcement and will proceed through to completion in line with our usual process.

“Our Business Development Managers will still be calling and proactively seeking intermediary business.”


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Professional Practive

The president of the Chartered Insurance Institute, Lord Hunt, says the CII cannot act as another trade body and that if it were to fight the FSA on the retail distribution review proposals, it would not get very far.He says the CII will support Aifa where it can but it must concentrate on its role […]

New Health Service

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