igroup and First National receive FSA letter

Amanda Jarvis

October 15, 2004

This permits the businesses, under Part IV of the Financial Services and Markets Act 2000, to carry out regulated mortgage and non-investment insurance business from 31 October 2004 and 15 January 2005 respectively. The letter has been issued in the name of GE Money Home Lending Limited, a new legal entity created for this express purpose, and covers the igroup and First National trading brands.

Colin Shave, chief executive officer, said: “We’re naturally delighted with this news, and I would like to pay tribute to our entire organisation which has worked so hard and conscientiously to make it happen. Our focus now is on delivering a high standard of service to our intermediaries in the final run up to Mortgage Day and beyond. In this regard, we will shortly be making a positive announcement about our KFI proposition and the good work already progressed with our introducer partners.”

Sign up to our daily email