View more on these topics

Let us professionals dish out the advice, Goldsmith Williams

With regard to Goldsmith Williams claiming brokers could generate significant remortgage opportunities by advising clients to switch to fixed rate deals, solicitors are supposed to be a clever bunch, aren’t they?

Why on earth would any client on a 2.5% tracker want to remortgage to a higher rate unless they can’t sleep at night for fear of rate rises?

As for the statement that “it’s better to remortgage to a lower rate”, well done – another gold star for the law firm’s boffins.

The company would say anything to get more remortgage work but the brains behind this statement should to stick to conveyancing rather than offering financial advice – leave that to us brokers.

Name and address supplied

Recommended

Exodus as staff desert the sinking regulator

There has been a 128% leap in the number of staff resigning from the Financial Services Authority in just one year as the government proposes to abolish the regulator, according to City law firm Reynolds Porter Chamberlain LLP.

India rate cut – more to come?

Kunal Desai, Head of Indian Equities at Neptune Investment Management India’s stockmarket rallied this week following news that the central bank was cutting interest rates more aggressively than expected. Commenting on the rate cuts and what this means for India’s economic growth, Kunal Desai notes that there were two important details in the announcement that have […]

Newsletter

News and expert analysis straight to your inbox

Sign up