Loanoptions.co.uk is urging brokers to align their businesses with the revamped Consumer Credit Act. Andy Moody, managing director of the firm, says the guidelines will ensure secured loans are better options for clients.
The Financial Services Authority has granted Vision Network permission to sell insurance and pensions. Vision plans to offer a full wealth management service.
Kevin Paterson takes a weekly peek at the latest developments in the market and brings you what’s hot and what’s not in the world of mortgages
Bradford & Bingley has cut the number of its inhouse mortgage advisers to 40.
Dave is an experienced buy-to-let investor who sees opportunities in the current market to grow his portfolio. He has agreed to buy a discounted property in a private sale and the vendor wishes to complete as quickly as possible. The agreed purchase price is £200,000 but the property’s true value is £235,000, which he knows valuers will confirm. How can he maximise his borrowing and save his cash for further purchases? Delia says: A bridging loan may be the solution as Stuart Law of Assetz Finance and Steven Marks of Newcastle point out. Have you got a problem for Delia? Email firstname.lastname@example.org
As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.
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