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The regulator must look more closely at lenders, not brokers

I recently asked an employed chef for payslips and a P60 only to be told his employer provides neither.

He went along to his local Halifax branch and – surprise, surprise – it told him this was not a problem. We brokers don’t lend and supply everything lenders request so why make us responsible for income verification?

The regulator should scrutinise lenders more closely and stop picking on us little guys.



New CGT threatens housing recovery

Government Capital Gains Tax proposals could force a quarter of property investors from the housing market, according to a survey by LSL Property Services plc, owner of the UK’s largest lettings agent network.


Three ways to avoid double dip disaster

Although the recession has been officially over since the end of January, if you’re a commercial finance broker there hasn’t been much evidence of it. In Q1 this year our members were still reporting that business was significantly down and cases were difficult to place. But despite the hiatus caused by the muddled general election […]


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