From Andrew ForseyThe silly season is surely upon us. The normally staid Financial Services Authority has introduced a campaign called, ‘Mortgages laid bare’. Go to the FSA consumer website and you’re bombarded with cartoon characters totally naked, their modesty covered only by captions. I’m not sure this approach will raise the profile of transparent charges and consumer advice but it certainly shifts the goalposts toward a much more fun approach. We have decided to embrace this approach by featuring the FSA campaign on our website and have taken it a stage further by bringing out a calendar for next year entitled, ‘Mortgage brokers laid bare’. The calendar will be available in early December for 5.99 including postage and packing. All profits will go to Cancer Research. As you can see from this picture, it’s all in the best possible taste.
- Top trends
- Top trends
From Brian Melling Northern Rock has been in the firing line regarding its service recently. To balance out this criticism a bit, I’d like to point out that I sent an application online to Northern Rock on October 12 and received a faxed offer on the October 22. That’s 10 days in total, and not […]
The Council of Mortgage Lenders has warned that more FSA mystery shopping exercises are on the way. Speaking at the Expo, Jackie Bennett, senior policy adviser at the CML warned brokers to look critically at their business practices. The mystery shopping exercises may happen in the lifetime mortgage and home reversion plan markets, Bennett says. […]
While the familiar names retain their lead, this year’s lender website study shows considerable progress being made by specialist lenders and building societies, says Frank Eve
Total indebtedness on secured and unsecured lending stood at 1.1 trillion at the end of this June – around 23,000 for each adult. A report from Pricewaterhouse Coopers also shows people who enter into individual voluntary arrangements owe an average of 60,000 to 11 creditors on credit cards and other unsecured borrowing. This year has […]
Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.
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