From Dave RogersOur arrangement was cancelled after 10 leads and I witheld payment for those obviously going nowhere i.e. they could not be contacted, were already placed elsewhere, were curious but not really interested, or were “looking for a house in Bolton”. I spoke personally to GMF boss Gavin Flanagan who demanded the balance and offered to bill me 200 for non-payment. I told him I would document my dealings with his company and forward this to Mortgage Strategy, at which stage he threatened me with his company lawyer. Strange how companies use lawyers to protect their bad name.
- Top trends
By Rebecca Atkinson Research from Landlord Mortgages shows that letting agents in some regions of the UK are overstating rental returns on investment properties by up to 25%. Posing as tenants and potential property investors, researchers asked how much a two-bedroom flat in specific developments could be rented for. While London at 25% and Birmingham […]
Moneyfacts.co.uk has revealed that, when it comes to getting the best deal from a mortgage provider, size doesnt always matter. Rachel McKay, mortgage analyst from Moneyfacts.co.uk, says: “While consumers may assume larger and well known lenders offer the best deals, be more cost effective and generally pass on the benefits of their corporate wealth to […]
Most mortgage customers still prefer to deal with an intermediary or a member of staff in a branch despite an increase in the use of the internet to research options. Although lenders are doing an increasing amount of business online, with some now operating solely via the internet, most customers still seek the reassurance of […]
Last week Mortgage Strategy reported the dispute between Home of Choice and Zurich had been settled out of court. The companies released a joint statement that read: “Legal proceedings between Openwork and Zurich against Home of Choice, Richard Coulson and Gerry O’Brien have been settled on commercial terms.” Both Coulson and O’Brien had been due […]
Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]
News and expert analysis straight to your inboxSign up