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Stop whining or get out and leave it to the professionals

Those brokers who are moaning about the news that Skipton Building Society is now offering 95% LTV deals direct display little understanding of the industry or knowledge of criteria, yet they call themselves professionals.

The challenging past couple of years is just what this industry has needed for some time to separate the wheat from the chaff – to shoot down the cowboys and allow the true professionals to survive and grow stronger.

Try being a bricky, a ship builder or an estate agent during the recession. Yes, things have been tough, but deal with it.

Those who can’t should go and stack shelves in Tesco. Those who can will continue in the industry and prosper.




Paragon poised to return as B2L prospects pick up

Brokers are becoming more optimistic about the buy-to-let sector as product numbers increase and Paragon Group has signalled its intention to re-enter the market. Figures from Moneyfacts. show that the number of buy-to-let mortgages has grown 70% since the market’s lowest point in September 2009, with the number of products going from 179 to […]

Assurant Intermediary urges clarity from CC

General insurance provider, Assurant Intermediary, has urged the Competition Commission to provide greater clarity in its final recommendation in July regarding the proposed point-of-sale prohibition for payment protection insurance.


Focus should be on money markets, not on sub-prime

I was interested to read on Mortgage Strategy Online about Moore Blatch’s call for nationalised banks to provide sub-prime mortgages, stating that if necessary the government should force them to offer such deals. The firm says that the number of those who would be classed as sub-prime is nearing one million. It argues that using […]


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