A whopping 79% of Mortgage Strategy Online readers last week voted that it is not in the spirit of Financial Services Authority guidelines for brokers to use a panel of just three lenders.Despite both brokers and experts arguing in this weeks’ magazine that there is nothing wrong with offering a reduced panel, just 21% of those who responded to our online poll thought it was above board. This week MS asks: “With first-time buyers struggling, is it time for lenders to relax income multiples?”
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From Helen Thomas The recent correspondence in Mortgage Strategy on freebies saddens me. I have been a lone broker since March, having worked for numerous companies before that. I now get no freebies from anyone. To be honest, being a young female on her own, fairly attractive with blonde hair and large bosoms, I thought […]
From Bill Ĳmstrong How unexpected to get an instant response from a solicitor named Julian in leafy Guildford. The week is off to a cracking start. Trouble is, I now have an urgent need to set up an embassy in Guildford representing the real world. My reasons for this are many and all inspired by […]
Mark Parsons has joined Barclays as managing director of home finance. Parsons has 20 years experience in personal financial services.He joins from PricewaterhouseCoopers, where he has been building the retail banking performance improvement consulting practice. Previously he has worked for Abbey in the key positions of branch distribution director, retail finance director and personnel director.Home […]
Dear Delia I am increasingly being asked by my clients about equity release. I’m aware this subject that needs careful advice but I am confused – since Financial Services Authority regulation last year, what does equity release industry body Safe Home Income Plans offer consumers that is not covered by the FSA? Also, I am […]
Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.
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