Mortgage Talk buys adviser firm Robert Sterling

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Rotherham-based Mortgage Talk has entered an agreement with adviser firm Robert Sterling to buy up its mortgage advice arm, giving the firm its first London-based advisers.

Sterling's 25 advisers will become multi-ARs of Mortgage Talk, who are Legal & General network ARs, but plan to trade as Robert Sterling Financial Services Ltd. The deal, signed on 7 March, is a joint-venture between Mortgage Talk and Robert Sterling principals Colin Bell and Nino Athanasiou who continue to head up the broker business. Former owners of Robert Sterling, Les Beech and Mike Maddin wanted to focus on their property businesses, allowing Mortgage Talk to buy the financial services side. "This is a very exciting time for us," says Peter Birch, chairman of Mortgage Talk. ...

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