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TMB competition aimed at advisers

Sub-prime specialist The Mort- gage Business is running a competition for intermediaries as part of a spring mailshot to raise awareness of its products and new website.

Three mailings are being sent to 14,000 intermediaries, including IFAs, specialist brokers and tied agents. Mortgage Business, a subsidiary of the Bank of Scotland, has £3bn on its books.

Each mailing has one question and intermediaries must answer all three questions using information in the mailings to enter the competition by April 15.

The winner can choose either racing at Longchamps or the Monaco Grand Prix.

The campaign promotes the Mortgage Business&#39s full product range, including its new credit-repair mortgage.

The rate on the product is TMB&#39s standard variable rate, currently 7.49 per cent, plus 1 cent rate.

The campaign also promotes the Mortgage Business self-certification mortgage, which lets self-employed clients declare their own earnings. The company&#39s new website is set to be launched next month.


Barclays clears way for Woolwich mortgages

Barclays is withdrawing its mortgage range to sell Woolwich loans after branch tests showed its products were being outsold by those of its subsidiary. Woolwich mortgages will now be sold through Barclays&#39 branch network, its telephone operation and online banking service from this week.Barclays is planning to offer its personal loans through Woolwich branches and […]

Analyst wins sexism case against Schroder Securities

Investment bank Schroder Securities has been found guilty of sexual discrimination against a female analyst who was forced to resign because of unequal pay. At an employment tribunal this week, analyst Julie Bower won her claim of unfair dismissal and two claims of sexual discrimination relating to her dismissal and bonus payments. The level of […]

With-profits bond gives guarantees

Scottish Mutual International is introducing a guaranteed with-profits bond. The single-premium unitised bond is available from April 17 and will initially be open only to residents of the Channel Islands and the Isle of Man. But Scottish Mutual says it will roll out the plan in the UK if there is enough demand from investors. […]

Affluent investors relying on advice

Nearly two-thirds of mass affluent investors have their investments managed for them or rely on professional advice, according to research from HSBC&#39s private client bank. But around 40 per cent of the mass affluent – those with at least £30,000 to invest – feel confident enough to manage their own investments. The requirement for professional […]

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.


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