MGM adds S&P to GI panel
Select & Protect (S&P), has signed an agreement with MGM Home Finance to enable its advisers to access S&P’s product range.
Jeremy Blount, head of third party relationships at S&P, said: “MGM’s business proposition is impressive and, with our philosophy of simplicity and service at the core of our offering, we are confident that this partnership will be rewarding.”
Moore and Blatch issues unemployment warning
Moore and Blatch has warned lenders to be aware of the number of unemployed people finding it harder to get a job.
Statistics from the Office for National Statistics show the claimant count for the unemployed rose 11.3 per cent in the 12 months to May 2006 and vacancies fell by 8.5 per cent.
Paul Walshe, head of lender services at Moore and Blatch, said: “Now is certainly the time to ensure lenders are aware of potential bad debts.”
InterBay completes deal
InterBay has announced the completion of its first UK mortgage deal.
Andrew Murray, general manager of InterBay, said: “We are pleased with the speed at which this application progressed. The team are excited about the level of interest and volume of applications we’ve received since our launch.”
