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Straw Poll

Last week we asked if the current crop of remortgage deals are enough to spur your customers to move from their existing SVRs? A whopping 69.8 per cent of readers said no, while only 30.1 per cent said there were.

This week we ask: “Will the FSA’s plans to crackdown on sales incentive schemes force you to radically alter your compliance procedures and the way you incentivise your staff?”


Mortgage Brain app tops 20,000 downloads

Mortgage Brain’s mobile application solution to promote brokers and mortgage products to consumers has been downloaded over 20,000 times since its launch.

AFI two-year fix set at 2.79%

Abbey for Intermediaries has launched a new two-year fix at 2.79 per cent and cut its buy-to-let rates by up to 1.04 per cent and its residential mortgage rates by up to 0.75 per cent. The two-year fix is a key account exclusive and is available for a £995 fee up to 60 per cent […]

Paradigm signs strategic partnership with Infinity International

Paradigm Mortgage Services has signed a new strategic partnership with Infinity International, a provider of foreign exchange and international payment services. From today Paradigm member firms can introduce their clients to Infinity. Infinity offers a number of services including international payment completion, helping customers buying a second home overseas, customers who need to convert salary […]

FSA Skyview 480

Not just the banks: The FSA’s smaller firm incentive concerns

Advisers say the FSA investigation into sales incentive schemes will force firms operating a self-employed, volume-based model to review their compliance practices and introduce tougher sanctions for unsuitable advice. The regulator published a report yesterday following a year-long investigation into the way sales incentive schemes drive misselling. The FSA found 20 out of 22 firms […]


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