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SimplyBiz Mortgages adds 200 brokers

SimplyBiz has revealed its mortgage club has signed up almost 200 firms in 2008.

SimplyBiz Mortgages has increased its broker membership from 1,160 firms in January 2008 to 1,450 firms at the end of July.

The club also revealed that mortgage business volumes are also on the increase, over 20 per cent more business has been written in 2008, year to date, than in the same period last year.

SimplyBiz Mortgages joint managing director Philip Holroyd says: “Everyone knows how difficult the mortgage market is currently but at SimplyBiz we continue to buck the trend as broker firms appreciate the value that we can offer in these difficult times.

“Our professional approach to service and leading procuration rates provide the value added package they are looking for from a leading player”


Dismay for Mac and Mae as shares sag

Shares in Freddie Mac and Fannie Mae fell dramatically this week after speculation that the US government will have to use its new powers to bail out the mortgage backers.

The savvy consumer

In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]


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