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Londoners take a broader view

Londoners are top of the league when it comes to having homes abroad, research from Bank of Scotland International reveals. It says 8% of people in London own property overseas.

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CHL added to AToM panel

All Types of Mortgages has added CHL Mortgages to its main packaged panel. CHL Mortgages’ inclusion on AToM’s packaged panel will provide AToM with an onsite underwriter placed in its office. Dale Jannels, sales and marketing director at ATom, says: “We are delighted to now be able to offer products from CHL. Its latest addition […]

Scratching my head at SHIP U-turn

I am rather confused this week, what with HBOS’ decline and the mixed signals on rates, but SHIP has left me bewildered by its backtrack on lifetime mortgage qualifications, says Sue Read

AIFA praises FSA for its “robust” compensation scheme proposals

The Association of Independent Financial Advisers has praised the Financial Services Authority’s for its proposed reform of the compensation scheme as “robust” and “fair”.Chris Cummings, director general of AIFA, says: “The compensation scheme is a vital regulatory safety net which helps maintain consumer confidence in the financial services industry, but it is in need of […]

Brokers hail the importance of service

Edeus has revealed that eight out of 10 brokers think an instant binding decision is the most important service a lender can offer.The survey by the lender, which aimed to reveal broker’s attitudes to lenders and their offerings, has revealed that the majority of brokers believe the ability to process business quickly is crucial. When […]

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