Name and address suppliedPeter Mounty, you are a star. Your exhortation for 2006 (Mortgage Strategy January 16) should be framed above the desk of every person in the mortgage business. Your plea is that all in the industry lighten up and have more fun. Only Shakespeare could have put it better. (For those of you who have not read his work recently, Shakespeare is still as incisive and fresh as ever.) No doubt many thousands of small brokers – more than 80% in the mortgage business – will remember these words when trying to hone down their time on the award-winning IT system’s ‘minute mortgage’ site to a world- beating 40 minutes. It can be done, I am reliably informed, as you act as the lender’s unpaid data entry clerk with none of the privileges of employment. Brokers should also try to lighten up as they cast aside another 50 pages of ‘bureaucrapic’ waffle when a single sheet of paper would suffice. And then we have to listen to the distracting telephone messages from lenders who value our business enormously but who can’t be bothered to actually staff phones to be answered with urgent queries. So in future, just chill. Take some gentle, harmless exercise – perhaps by throwing darts at their photographs in the press or doing stretching movements on the hurdles some lenders put in the way of submitting business. But above all, have a laugh.
A whopping 74% of Mortgage Strategy Online readers think lenders are failing consumers by not being transparent with their fees. Just 26% think lenders are being upfront. This week Mortgage Strategy asks: “Do you think Home Information Packs will devastate your business?” Q: Are lenders failing consumers by not being transparent about their fees?
Increases in house prices particularly at the more expensive end of the London market and in the buy-to-let sector are expected to result from the range of large bonuses being paid in the City between December and February, according to UCB Home Loans.Keith Astill, managing director of UCB Home Loans, says: Up to 3,000 bankers […]
Lenders already do a lot but they could work toward establishing a standard way of verifying borrowers’ details, say our experts.
The Mortgage Business says the creation of the United Packagers Association will create healthy competition in the market. Peter Charge, director of sales and marketing at TMB, says: Its been a time of unrest in the packager market. After the PMPA split and the birth of AMPD, the news that another packager association UPA – […]
It’s important employers remember this like an alarm going off in their head. Employees care about their health. And they’re calling on employers to provide them with health benefits. In a survey we conducted, we asked 1,005 UK SME employees to choose the top three employee benefits they would value most: 48% of employees voted […]
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