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DAILY TELEGRAPH Bank of England injects £50bn into economy - Thu, 09 Feb 2012 22:36:53 GMT
Bank of England injects £50bn into economy - Thu, 09 Feb 2012 22:55:55 GMT
FINANCIAL TIMES Greek parties agree €3.3bn austerity cuts - Thu, 09 Feb 2012 18:58:47 GMT
Greek parties agree €3.3bn austerity cuts - Thu, 09 Feb 2012 19:17:21 GMT
BBC NEWS BBC News - Business - Thu, 09 Feb 2012 18:48:09 GMT
BBC News - Business - Thu, 09 Feb 2012 23:21:45 GMT
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Distribution issues to continue
Following Mortgage Express’ decision to reduce the number of its distribution partners, Pink believes that other lenders are about to follow similar strategies.
Pink Home Loans believes that in the current market lenders will be driven by quality not quantity and that they will veer towards distribution partners that have a strong brand reputation, with critical mass, distribution power, and a ‘Treating Customers Fairly’ culture.
Barry Meeks, chief executive of the Pink Home Loans Group commented: “In a market going forward where funding is likely to remain in short supply, lenders will want to have partnerships with distributors who can confidently control both distribution and the quality of the business submitted, and who clearly have the critical mass to deliver quantity when needed.”
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