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Networks/Clubs news

Personal Touch profits rise; sets aside extra £154k for complaints

Mortgage Solutions | 31 Jul 2014 | 09:36

Restricted network Personal Touch Financial Services has set aside an additional £154,000 to cover excess payments in relation to claims brought against the firm in 2013, its accounts show.


PTFS results: profits up 21% as network numbers plummet

Mortgage Solutions | 30 Jul 2014 | 16:53

Notoriously keen to rid itself of ‘mortgage dabblers', Personal Touch Financial Services achieved that with a 42% reduction in adviser numbers over the year as productivity figures rose to £54,000 per member firm.

Expect five more intermediary mortgage lender launches in 2014 - L&G

Mortgage Solutions | 21 Jul 2014 | 15:38

Another five new or returning mortgage lenders will launch into the intermediary market this year alone excluding the Bank of Ireland, predicted Legal & General Mortgage Club bosses.

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Analysis: It's crunch time for networks

Martin Davis, the Openwork chief executive who will take over as CEO at Cofunds in the summer, explains why he believes the FSA was right to highlight network weaknesses...

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Lloyds completes largest ever mortgage asset move in Europe

Mortgage Solutions | 13 May 2014 | screening image

In partnership with Unisys, Lloyds Banking Group has moved 1.7m mortgages and £145bn of Halifax legacy assets on to a single platform in the biggest European banking migration ever.


Which area of your business has slowed down the most since the arrival of the Mortgage Market Review in April?

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