View more on these topics

Zurich adds five specialists and nine regional lenders to mortgage panel

Zurich has added 14 lenders to its mortgage panel, with five specialists and several firms with strong regional reputations.

The specialist lenders are One Account, Paragon, Capital Home Loans, Scottish Widows and Build Store. There are eight regionals: Norwich & Peterborough, Portman/Mortgage Works, Chelsea, West Bromwich, Coventry, Leeds & Holbeck, Principality and Ulster Bank, plus Lloyds TSB.

Over 30 lenders were involved in a selection process which measured companies against a range of factors.

Zurich Mortgage Network director Richard Coulson says the firm had a clear idea of what it was looking for from potential partners. The primary focus was on sector expertise, breadth of proposition, service reputation, highly competitive procuration fees and a strong regional presence where appropriate. Potential partners were shortlisted to present their propositions during May, followed by intensive negotiations to determine the final choice. The new lenders will be available from August 1.

“These additional lenders bring our total panel membership to 39, providing our members with a representative whole-of-market offer. We are now developing a number of exclusive deals with new and existing lenders.”


Pearl and Prudential in annuity deal

Pearl personal pension customers will have access to a Prudential annuity when their plan matures under an agreement announced by the two providers today. Under the agreement that will run for five years, Pearl customers will be offered the same annuity rate Prudential currently offers through IFAs. Prudential UK director of corporate partnerships Isabel Hudson […]

How to take care of the orphans

Call me a simple soul (no one has yet, but you never know), but I find it difficult to comprehend all the confusion over what life offices may or may not be permitted to do with orphan assets. First, it would be useful to know just what orphan assets are. To my way of thinking, […]

Child&#39s play for Alliance Trust Savings

Alliance Trust Savings has established the First Steps Plan, a savings product for children that provides access to the Alliance Trust and Second Alliance Trust investment trusts alongside a range of other permitted investments. The product is designed as a low-cost wrapper within which to build a portfolio of investments for a child through regular […]

Half of Sofa members can&#39t vote on deal

St James&#39s Place played host to three members of the royal family in a polo match between Highgrove and Beaufort last week. The Highgrove team included HRH Prince of Wales along with his two sons, Princes William and Harry. The event, sponsored by St James&#39s, raised £35,000 for George Thomas Hospice Care and Ty Hafan […]

Brexit Commentary from Natixis Global Asset Management

By David F Lafferty, CFA, SVP – Chief Market Strategist Thursday’s historic Leave vote in the UK will have both immediate and long-term consequences for the global economy and financial markets. The initial flight-to-quality reaction across asset classes has been exacerbated by the market’s misplaced confidence in a Remain victory leading up to the vote. Stock markets […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm