The Professional Mortgage Packagers Alliance is offering an exclusive deal from Platform which gives a 10 basis point reduction on its three-year prime buy-to-let tracker.
In recent years, few initiatives have polarised the financial services industry to the same degree as the government’s proposed overhaul and reform of the house purchase process.
The Financial Service Authority’s decision to consider commission in its retail distribution review is no great surprise. The FSA wants to consider whether the model harms the reputation of advisers. It wants to know why financial advisers are not held in the same public regard as solicitors and the like. Could this be because of commission?
Rooftop Mortgages suffered a blow last week after Fitch Ratings put out a negative rating watch that could result in its second securitisation downgrading. The ratings agency put out the watch as a way of notifying the industry of its intent to take action which could result in a downgrade. When Fitch issues this sort […]
Commercial mortgage lender InterBay has launched a new website for intermediaries. Amongst other things the site provides an online application form for self-cert commercial mortgages. Interbay says the application is much stronger than a ‘DIP’, instead it gives a cast iron decision to lend within 48 hours which is underwritten, credit checked and only subject […]
This year looks set to bring a new danger for pension savers and their employers.
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