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Adviser firm loses appeal over its revoked licence

A tribunal has upheld the Office of Fair Trading’s decision to revoke the licence of JST Financial Solutions for allowing a convicted fraudster to become involved in its business.

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Readers back crusade to halt spurious claims

Mortgage Strategy’s e-petition calling for claims firms to be made to pay for spurious claims gained almost 200 signatures in its first week.Last week we launched our Make Claims Firms Pay campaign and set our government e-petition live. The petition calls for claims firms to be forced to pay a £500 fee to the Financial […]

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Time to ditch the jargon

American author Mark Twain has been credited with saying “I wanted to write you a short letter but I didn’t have the time”.

Countrywide offers lenders low LTV business to offset high-risk lending

Countrywide is trying to tempt lenders into offering high LTV new-build mortgages by offering to put more lower LTV business their way, in a bid to mitigate risk. Capital requirements on 90% LTV deals can be up to eight times higher than those on low LTV products, making lenders reluctant to lend on them. Speaking […]

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