News in brief - 13 October 2023

The Loans Engine (TLE) has partnered with four new lenders, Octopus Real Estate, Glenhawk, Greenfield Mortgages and ABC. The additions mean that the TLE will have complete access to the full range of bridging products offered by the lenders for the firm’s thousands of mortgage intermediaries and their clients. TLE has said that it is committed to enhancing and diversifying their range of services to better cater for intermediaries and the clients, and it will continue to expand its services, with the overarching objective of enhancing its proposition for intermediaries and customers.

Independent Governance Group has grown its team by 27% in the first half of its financial year, after taking on 40 new starters. The provider of professional pensions trusteeship and governance services now boasts a headcount of 152 employees, with an additional 20-strong represented by like minds. The business has recently opened new offices as it continues to expand its professional trustee services and governance offering across the UK. The team works with over 450 pension schemes with combined assets under management of £315bn.

The Right Mortgage & Protection Network has announced improved business volumes and appointed representative firm and adviser numbers in its recent national training event earlier this month in Birmingham. In the year to date, the network’s total mortgage completions are up 8% on 2022 at 24,010, while total lending volume is up 4% on the previous year at £4.5bn. The network now houses 350 AR firms, with 26 new businesses having joined so far in 2023, with the number of advisers who have joined reaching 127. This means there are 728 advisers within the network. The National Training Event was sponsored by a number of lenders and providers including: LBG, Nationwide, OSB, Virgin Money, L&G Home Finance, Uinsure CX, Aviva, Guardian, HSBC Life, Metlife, and Vitality.

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.


Inside the world of high net worth lending
The mortgage market continues to evolve, and so too does the answer to the question: what is a high net worth individual in today’s market? In this episode of the Mortgage Insider podcast, host Phil Spencer is joined by Stephen Moroukian, Head of Product and Proposition for Real Estate Financing at Barclays Private Bank, and Islay Robinson, founder and CEO of Enness Global. Together, they explore what brokers really need to know when supporting high net worth individuals.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.