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Whiteaway Laidlaw Bank acquires Link Loans

Former Manchester Building Society subsidiary Whiteaway Laidlaw Bank has acquired secured loan lender Link Loans.

WLB, a specialist bank which was acquired by RBS Equity Finance in January, will rebrand following the acquisition of Link.

WLB new business director Stephen Johnson says: “Link loans has made a real impact in the secured loan market, achieving an enviable reputation for its service delivery and product innovation, and we believe it is a business that will benefit greatly from being part of a specialist bank.”

Link joint managing director Philip George says: “By joining the bank we will be able to leverage our key strengths of product innovation and market leading service, and with access to retail funding we are able to deliver a wider range of even more competitively priced products. We are wasting no time in making this deal work for Link and are delighted to be announcing a complete revamp of our entire product range.”


Ascentric founder Fordham heads new platform

Ascentric joint founder Michael Fordham is heading a new platform for advisers called Platform One. The platform, which is aimed at top-tier advice firms and multiple family offices, white labels Royal London’s Investment Funds Direct platform and minimum investment is £250,000. The firm aims to reach £1.2bn of assets under administration over the next five […]

Chelsea BS launches 10-year fix at 3.99%

Chelsea Building Society has launched a direct-only 10-year fixed rate mortgage at 3.99 per cent. The product is available for a £1,495 fee and up to 70 per cent loan-to-value. However, borrowers can opt for a £195 fee but the rate then becomes 4.19 per cent. The next lowest rate comes from within the Yorkshire […]


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