Preferred is offering free online resources to help brokers understand and implement the principles of Treating Customers Fairly.The resources, available at Preferred’s website, include TCF TV webcasts, a factsheet and an online quiz. The material, developed alongside a series of TCF seminars held by Preferred and the Association of Mortgage Intermediaries for its members during October and November, is intended to help brokers broaden their understanding of TCF. Ben Stafford, outgoing head of policy at AMI, says: “Intermediaries understand they are expected to treat customers fairly and are well used to doing so. But it’s imperative to develop a formal process for this on an ongoing basis. TCF TV is a valuable resource and will definitely help firms achieve this quickly and effectively.” Richard Wyatt Haines, who is running the seminars on an independent basis, features in the three TCF TV webcasts to explain what the principle is, where it comes from and how intermediaries can implement it. Sam Hallett, head of marketing at Preferred, says: “After attending the seminars our intermediaries commented that Haines brought clarity to the subject and that they now felt equipped to practically review and implement TCF policies in their organisations. “By launching TCF TV online and offering practical tools to help with their understanding of the subject, Preferred is supporting intermediaries meet this important challenge.”
There is growing concern that the government’s shared equity scheme could have serious implications for the economy if there were to be a housing downturn. Chancellor Gordon Brown revealed in his pre-Budget statement last week that three lenders had signed up to the government’s shared equity scheme to help first-time buyers get on the property […]
I am advising a married couple, Dave and Linda, who are buy-to-Iet investors with three properties. They now want to expand their portfolio. They have worked on their finances, paying attention to the value of their existing investments and have established they are in a position to access equity from their existing properties. They now want to know what options are available to them to allow them to expand their portfolio.
Last week I discussed clients buying premises via their pension funds. Of course, not everyone is fortunate enough to have sufficient resources to purchase business premises but there are now more opportunities than ever for business people to raise commercial finance to buy premises for their own business use.
It was an act of gross incompetence. A move that defied belief. We are of course talking about chancellor Gordon Brown’s amazing U-turn on placing residential property in self-invested personal pensions.
Health Shield has performed its own tribute to the viral sensation ‘Harlem Shake’ in a bid to raise £1,000 for Comic Relief.
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