Advisers

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Uinsure partners with Twenty7Tec

As part of the new deal, Uinsure, an insurance technology disruptor, will become Twenty7Tec’s general insurance technology partner. Twenty7Tec’s MortgageSource and MortgageApply users will now be able to provide general insurance quotes via Uinsure’s open API for all mortgage cases. According to the firm, the new system will provide an “instant process” – obtaining a […]

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Ami takes aim at new government documents

Embedded links in new government documents are being challenged by the Association of Mortgage Intermediaries. The new Help to Buy and Help to Sell guides, released by the MHCLG on 8 May, contain links that lead to what Ami describes as “a membership-based consumer charity” – ostensibly the Which? Website. This, says the association, is […]

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Network Review: Small, but positive change

Welcome to a brand-new year and a brand new quarter, with limitless possibilities for everyone and the chance to make a real difference to your life and the life of everyone around you… as my brother’s life coach would say. Back here on earth, however, the first thing that springs at one from the figures […]

John Heron

Intermediary business close to 10-year high: Paragon

Mortgage intermediaries enjoyed a bumper first quarter according to Paragon’s Financial Adviser Confidence Tracking Index, which surveys more than 200 of the UK’s largest mortgage intermediaries. On average, each mortgage office taking part in the survey introduced 24.5 mortgages in the first quarter, up by 6 per cent from 23 mortgages in Q4 2018 and […]

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Industry reacts to FCA advice proposals

Mortgage experts have reacted to the Financial Conduct Authority’s consultation document outlining proposals for changes to its mortgage sales requirements. The regulator wants to make it easier to offer execution-only options to borrowers and, where advice is given, for advisers to explain if they have not recommended the cheapest mortgage. Intrinsic mortgage network managing director […]

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FCA to make advisers explain if they have not recommended cheapest mortgage

The Financial Conduct Authority has published proposals for changes to its mortgage sales requirements. Under the proposals, where a mortgage adviser has recommended a mortgage which is not the cheapest deal meeting the customer’s needs, they will be required to explain why a cheaper mortgage has not been recommended. The consultation follows on from the […]

Credit Score

MortgageGym adds four specialist lenders to platform

MortgageGym is supporting mortgage applicants with lower credit scores by adding specialist lenders to its platform. Together and Precise Mortgages will be added to MortgageGym at the end of May, and Kensington Mortgages and Vida Homeloans from June. The robo-adviser says it’s adding the specialist lenders because it believes “a sizeable minority” of mortgage applicants […]

Nottingham introduces cashback mortgages

The Nottingham for Intermediaries is introducing a range of cashback mortgages.   The products include a two-year fix at 2.66 per cent at 90 per cent loan-to-value with £1,000 cashback. Deals with £500 cashback include a two-year fix at 3.18 per cent at 95 per cent loan-to-value, and a two-year fix at 2.25 per cent […]