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Commercial illustration

Commercial First has launched an illustration facility that provides a one-page summary of costs and charges for the commercial mortgage contract being offered.

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Home inspectors to take legal action

Over 1,000 home inspectors are to take legal action against the government following the Home Condition Report fiasco. The move comes as the government controversially revealed it is to train people as energy inspectors, which some trained home inspectors see as direct competition. Energy inspectors will be trained to carry out the Energy Performance Certificate […]

MSN not one of the network four

Mortgage Support Network has confirmed it is not one of the four networks recently forced by the Financial Services Authority to stop recruiting appointed representatives until they get their systems in order. MSN says it continues to actively recruit new ARs and is hoping to add a further 100 firms to its network over the […]

Warning over letting agents

Landlords should beware third-rate letting agents, warns risk consultant Leaseguard. Mairi Scott, managing director of Leaseguard, says too many landlords get caught out by thinking they can just appoint a letting agent, hand over the keys and sit back and wait for the money to roll in.

Does halifax offering a proc fee for retention spell death for the remortgage market?

Peter Izard is senior manager corporate accounts at GMAC-RFCF For lenders, keeping clients is much more cost-effective than attracting new ones. So will this move kill off the remortgage market – the broker’s bread and butter? No. Let us first consider why clients remortgage in the first place. Of course, some remortgage for a reduced […]

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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