Marcus Brigstocke and Rachel Parris share lockdown woes in MAB comedy skit

Marcus Brigstocke and Rachel Parris share lockdown woes in MAB comedy skit


The comedy pair, who have been married for less than a year and featured on shows Mock the Week and Have I Got News For You?, covered the awkwardness of Zoom calls and trivias of home working in their routine. 


Check out the edited highlights of the performance below: 


Top 10 most read mortgage broker stories this week – 22/01/2021

Top 10 most read mortgage broker stories this week – 22/01/2021


Also among the most read stories was news of industry optimism towards the stamp duty holiday deadline and an upcoming Parliamentary discussion on its extension.

And there was an estate agent getting tripped up by its claims to sell properties for just £1.


Nationwide warns of ‘peak period ahead’ and returns 90 per cent LTV max term


Petition to extend stamp duty holiday secures Parliament debate


NatWest slashes rates by more than two per cent


Buy-to-let mortgage rates hit highest level of Covid crisis – Moneyfacts


Estate agent’s ‘£1’ ad receives complaint as sellers face £300 bill to use own solicitor


Home repossessions to leap more than ten-fold by 2022


Perenna raises £7m to bring Danish-style mortgages to UK


Two mutuals reintroduce 90 per cent LTV mortgages


Ex-Lloyds intermediary MD Mike Jones joins MAB


Still possible to meet stamp duty deadline, lenders and brokers say



Ex-Lloyds intermediary MD Mike Jones joins MAB

Ex-Lloyds intermediary MD Mike Jones joins MAB

Jones, age 57, will serve on the audit, remuneration, nomination, and group risk committees.

He joined Lloyds Bank plc in 1985 and retired from Lloyds Banking Group plc (“LBG”) at the end of 2020 most recently as managing director, intermediaries and specialist brands.

His primary role was leading the Halifax, BM Solutions and Scottish Widows Bank business development teams working with mortgage intermediaries across the UK. Jones chaired the LBG Housing Forum, the LBG intermediary conduct forum and was responsible in the UK for Birmingham Midshires, Scottish Widows Bank and Intelligent Finance. He was also responsible for LBG’s European retail bank operating in Germany and The Netherlands, a role that sees him continue into 2021 as chair of the supervisory board of Lloyds Bank GmbH following his appointment in March 2019.

Peter Brodnicki, CEO of MAB, said: “I am also delighted to welcome Mike to the Board. His leadership, vision, and strategic thinking at the UK’s leading lender has shaped the intermediary and lending markets that exist today, and his appointment reflects the huge ambition of this business.

Jones said: “It will be great to do something I know and love with a company and people that I am excited to be involved with. I know the way they think, they have great plans and believe I can bring some value.”
There are businesses that tell a good story and there are businesses that get things done. MAB is at the forefront of leading change and is definitely one of the latter, he added.

On the housing market through 2021, Jones agrees that this could be a year to match 2007 for its mortgage lending high given the momentum built up and in the pipeline.

“Activity levels have been high across the market following the first lockdown last spring and there are very high numbers of mortgages still to complete in 2021, not least brought about by the looming stamp duty exemption deadline,” he said, adding that vaccinations are now giving an increasingly clear exit route out of the pandemic.

“The Covid vaccination roadmap laid out by the government is building confidence and I think that there is a high probability that this will become an annual jab like the flu vaccine. If so, then I’m optimistic that Covid becomes much more manageable and contained. Let’s hope so, the interesting question then becomes how many will go back to their previous way of life? How many habits have been changed by our experiences of the last year? That’s the big unknown.”

MAB’s Scotland arm appoints two directors

MAB’s Scotland arm appoints two directors


Morrison (pictured right) has been with the company for six years and is being promoted from his role as sales director while Kelly (pictured left) has moved up from his position as marketing and communications director, which he has held for three years. 

They will be given the responsibility of handling the network’s growth in the region. 

Morrison said: “We are recognised as the local leader in terms of providing mortgage and protection advice to clients and we enjoy an outstanding reputation for delivering excellent customer service.  

I’m really looking forward to building on our maturation and continuing to make a positive contribution to the growth of the business and helping customers on their mortgage journey. 

Kelly added: “We are in a unique position to be able to offer a host of support services to introducers, including a dedicated marketing service that supports our partners and provides clients with an engaging customer experience. In the last two years, we have focussed heavily on improving our customers’ journey and I look forward to developing this even further.  

I am very lucky to work with some talented communications professionals and this appointment is a reflection of their dedication and hard work. I am very much looking forward to targeting additional improvements.”

Coreco launches mortgage broker network

Coreco launches mortgage broker network


The London-based firm is part of Mortgage Advice Bureau using the Legal & General Mortgage Club and said both those organisations would be supporting brokers joining the new network.

Firms joining will be given support to build their revenues, marketing and public relations advice and access to the Coreco client retention commercial finance team and protection teams.

A retirement scheme is also available where the broker firm can continue to service the retired adviser’s client bank and pay a commission to ensure there is still additional income coming in.

Coreco managing director Andrew Montlake (pictured) said: “This is something we have been working on for a long time now, and while we could have launched this a year ago, we wanted to ensure that when we did, the timing was absolutely right.

“Given the change in peoples mindset and working patterns during the last few months, we believe we will see many more brokers, or teams of brokers, looking to do their own thing in the near future.

“We also know how hard it can be to set up a business from scratch and we wanted to do what we could to assist people with a recognised brand and support available every step of the way.

Montlake admitted there were already “some great options out there for brokers”, but believed the offering would appeal to many who “want to be part of something that little bit different”.

“We see Coreco as a national brand now, and as such this is a great way to spread our ethos and attract others to share our DNA and client centric approach, even if it is just being part of a hub where knowledge between like-minded people is shared,” he continued.

“As a company that also prides itself on its approach to equality and diversity, our arms are open to everyone who truly believes in hard work, with a passion for customer service and believes in the ethos of the Coreco brand”.



Rewind Wednesday – Mortgage Administrator Ivent: Part II

Rewind Wednesday – Mortgage Administrator Ivent: Part II


The next two presentations focus on product criteria evolution during the pandemic, and how the protection space has developed. They are:


Understanding the evolving product criteria mix

Jason Hegarty, founder of Criteria Hub



In this session, Jason Hegarty outlines the vast scale of changes to lender criteria since the Covid-19 pandemic began and how to keep up to date with those changes.

He also discusses how these changes impact on client conversations and the advice process for adviser colleagues?



Sector focus: protection and GI

Andy Walton, protection proposition director, Mortgage Advice Bureau



Here, Andy Walton asks why is it particularly important now that every customer receives protection advice and why are some customers choosing not to take it?

He also delves into the role of administrators in making sure that customers have adequate cover and the importance of client communication and reminders and liaison with adviser colleagues.


The Mortgage Administrator Ivent 2020 is now accessible on demand for free to all mortgage administrators via the following registration link:



MAB partners with Moneyfacts to provide advice

MAB partners with Moneyfacts to provide advice


Visitors to will be prompted to get in touch with an MAB adviser through the website as they browse mortgage deals.  

Website users will still be encouraged to speak to lenders directly.

Peter Brodnicki, chief executive of Mortgage Advice Bureau, said: “We’re excited to partner with Moneyfacts – it is an established brand in the consumer finance space and one which is known and trusted by the public. 

Ultimately, this partnership is all about improving the service for users and giving customers the choice to receive mortgage advice face-to-face across the UK, over the phone or screen to screen.”  

Michelle Monck, head of digital at Moneyfacts, added: “ is pleased to announce Mortgage Advice Bureau as our preferred mortgage broker.  

Those visiting our site looking to arrange a remortgage, find a new mortgage or a buy-to-let lender, will now have the option to speak with the experienced and highly trained advisers at Mortgage Advice Bureau.” 


Protection underwriting tightening but ‘CI and IP booming’ – iVENT 2020

Protection underwriting tightening but ‘CI and IP booming’ – iVENT 2020


Speaking at the Mortgage Administrator Ivent, MAB protection proposition director Andy Walton explained that some cases were taking longer due to insurers and GPs being slower.

However, the firm has seen an 80 per cent increase in income protection (IP) sales with the critical illness market buoyant too.

Walton also emphasised the key role administrators played in getting cases through, this included a major campaign from the firm to revisit customers who missed getting policies put in trust.


Pressure on administrators

Walton noted there was quite a lot of pressure on administrators and sales support, mainly due to mortgages becoming “increasingly complicated and more difficult to get through and that’s taking up quite a bit of extra time.”

“In protection that’s also taking longer to administer and get on the books,” he said.

“It’s mainly because of GPs [where] some of them have slowed down dramatically, although there are occasions where they’ve speeded up.

“But there’s quite a bit of pressure on the world of administration at the minute.”


Tighter underwriting

Regarding insurers and underwriting specifically, Walton acknowledged insurers have started asking more questions in relation to Covid-19 given its emergence.

“New questions have been added which has added a great deal of complexity as different providers are asking different questions, so certain cases are being delayed or postponed,” he continued.

“IP is trickier to get on the books because that’s the highest risk… so there has been some tightening there.

“What we’re hoping is that as this eventually gets under control that the underwriting will get easier.

“It hasn’t stopped business, we’re still writing thousands of policies a month, the vast majority still go on risk and from that point of view it is still business as usual, it’s just those small number of cases which can trip up on these extra Covid-19 questions.”

Walton also said the increased protection business conducted by MAB was a sign of improvements within the market for customers.

“Our protection business has moved up dramatically. On IP we’re writing 80 per cent more than we did a few years ago and it accounts for nearly 30 per cent of our business, so there’s definite moves to look at products outside typical life insurance,” he said.

“CI is booming, IP is definitely booming. Is there more we can do? Absolutely, there’s still too many mortgages which aren’t protected, but we’re going in the right direction.”



MAB analyses the importance of protecting borrowers at The Mortgage Administrator Ivent

MAB analyses the importance of protecting borrowers at The Mortgage Administrator Ivent


Andy Walton, protection proposition director at MAB, (pictured) will host a video presentation at the online event focusing on the protection and general insurance sectors.

He will discuss why is it important, particularly now, that every customer receives protection advice and why some customers are choosing not to take it.

Walton will also examine the role of administrators and support teams in making sure that the customer has adequate cover.

This will include the critical components of customer communication, reminders and liaison with your adviser colleagues to ensure that this opportunity and customer duty of care is not missed.


Register for free

The online Ivent takes place on 23 September and is specifically tailored towards mortgage administrators and paraplanners and this year includes a special focus on the buy-to-let sector.

Attendees will be able to access content, visit sponsor stands, meet and chat with fellow delegates and exhibitors, and send live message questions to speakers.

The buy-to-let sector focus will help attendees to understand the challenges and opportunities landlord clients are facing and how this impacts their strategies for buy-to-let business.

To register for free and find out more information visit the event website:




The Melton partners with MAB to give mortgage advice

The Melton partners with MAB to give mortgage advice


MMBS Services, an advisory subsidiary of the Melton Group, will be trading as Mortgage Advice Bureau and using the network’s services, systems support and regulatory approval.   

The service will initially be operated from its head office in Melton Mowbray.  

Simon Taylor (pictured), chief executive of the Melton, said: We already work very closely with our network of intermediaries so that the majority of our customers can benefit from the Melton’s innovative mortgage products.  

Whilst we remain committed to supporting our broker network, this new partnership with MAB will allow us to reach even more customers and help them to find the right mortgage to achieve their home ownership goals.”  

Peter Brodnicki, chief executive of MAB, added, “This is the first time we’ve partnered with a lender to support our strategy of making it easy for customers to receive quality advice in a multitude of ways – face-to-face, over the telephone or digitally.   

We share the same synergy with the Melton where quality advice and first-class customer service is always at the heart of everything we do.”