Three-quarters of Mortgage Strategy Online readers think the Financial Services Authority should carry out a detailed audit of the sales and advice process in the retail mortgage sector.The FSA was criticised last week for failing to carry out such a review nearly a year after becoming the industry’s regulator. Although the regulator has cast its eye over the intermediary sector, many believe consumers would benefit more from an investigation into practices used by lenders in the high street. This week MS asks: Will you continue to use Bank of Scotland’s large loan tracker product despite the launch of BM Solutions’ 3.75% two-year rate? Visit www.mortgagestrategy.co.uk to have your say.
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Christian Rolfe takes up the post of development manager providing sales coverage in the central-south region of the country.This most recent staff appointment at Amber promises to create closer connections with mortgage professionals in the South.Rolfe has gained a wealth of experience in the mortgage sector, having worked within both packaging and lending markets in […]
The Building Societies Association has created the role of PR and policy manager to strengthen the voice of societies in policy debates. The role, which was advertised in TheGuardian on October 8, will involve researching, planning and executing communication strategies. The successful candidate will report to the external affairs manager. Although salary is dependent on […]
Figures released by the Office of the Deputy Prime Minister today show that August’s house prices rose 2.8% from year ago levels, compared to a rise of 4.0% in July 2005. The pace of house price inflation is the slowest in over nine years, since recording a rise of 1.1% in Q2 1996.House price rises […]
The small minority of brokers who moan about the concept of Treating Customers Fairly annoy me. The Arthur Daleys do not belong in our industry. But without going so far as to say there are still many Daleys around I wonder if most brokers are treating clients fairly, based on the decrease in ASU sales. […]
Like to let beside the seaside? The latest research from LendInvest looks specifically at coastal towns to find which areas offer the top average rental yields to landlords. Where are the top seaside postcodes for landlords? The interactive map below looks at the highest rental yields along the UK coast. According to the data, Hull, […]
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