Tag: Kevin Duffy

Kent Reliance for Intermediaries, part of specialist mortgage provider and retail savings group OneSavings Bank, was approached by Mortgage Force on behalf of a client seeking refinance of a block of flats and capital raising to repay the existing development finance, totalling almost £13m.

In the three months to March 31 it facilitated over £400m of loans and is on target to deliver £2bn of loans throughout the calendar year.

Loan volumes for the year ended Sept 30th totalled £1.35bn and the business produced its fourth consecutive year of on-target profits.

If you are a career-prevaricating broker then don’t make a pivotal next-job decision based on the perceived potency of a brand name.

The trade body revealed that in the first quarter of the year there was £53.7bn worth of product transfers, with £29.5bn being advised and £24.2bn execution-only.

The company has committed to growing its business in H2, especially in London where it has secured additional space at its headquarters next to the Bank Of England.

It was a week of contrasting fortunes for two lenders at polar ends of our sector.

But in place of Cuthbert, Dibble and Grubb we have the likes of Trussle, Habito and Hoocht.

Clydesdale won best HNW lender third year on the bounce, Santander claimed the best lender for service for the third year running, while NatWest was crowned best all round lender for the fifth year in a row.

It’s embarrassing to even have to explain to these philistines how it is that almost 80% of UK brokers now choose to directly and justly remunerate themselves for their work and advice .