At first I thought we were once more going to be subjected to the phenomenon of financial advice from minor celebs who’d made a bob or two on the stock exchange and were snapped up by the tabloids to offer their expertise. Thankfully this isn’t the case. Silencing them was probably one of the major tangible benefits of statutory regulation.No, Hancock is far more canny. And, as his irreverent sense of humour has always worked for me, I wish him every success as he starts his parallel career. Frankly, I didn’t think he was getting too jaded in his old one but I guess hedging your bets is always wise. Although at first sight it seems the motivation for his switch from frolics to finance is to join a company run by his mates, that doesn’t wash with me. It’s the glamour isn’t it? Hancock has been seduced by the jet-set lifestyle and the endless parties that are the average mortgage adviser’s lot. And frankly I can understand it. There can’t be many of us who wouldn’t balk at having to sit along side the likes of Jonathan Ross and Rory McGrath and make televised small talk for nickels when the big bucks are in personal finance. Obviously getting in on the back of marketing is also a shrewd move. There aren’t any obvious qualifications needed – just a vivid imagination and appetite for invention. But I’ve no doubt that once his foot is in the door he’ll want to quickly progress with the CeMap qualification that will make the world his oyster. Hancock’s a trend setter. It won’t be long before his lead is followed by other showbiz types looking for a mid-life career change. And not just itinerant comedians either. I imagine there will be a number of celebs watching his progress. Many of our leading glamour girls, like Abi Titmuss and Jordan, will be carefully watching to see whether his success will open up opportunities for them to front for finance. Yes, the magic of mortgage arranging has turned many a young hopeful’s head so who can blame those of more mature years for being excited by the prospect of rekindling the passion of their youth? Where next? Maybe a fully qualified Nick Hancock hosting a reality television show – ‘I’m a celebrity mortgage arranger, get me into there’? The mind boggles. But be warned,this path from rags to riches is not for the faint-hearted. And celebs contemplating this change need to beware of the dark side – pensions. Therein lie serpents and madness.peter mounty
Contrary to what was printed in MS last week in a news story on equity release, Ray Boulger, senior technical manager at John Charcol, thinks the Key Facts Illustration should show a 3% + increase in house prices, not interest rates.
An international study has revealed that 49% of UK home owners are more worried about losing their home than losing their husband or wife. Just 36% are worried about outliving their spouses and 30% are worried about dying. The Future of Retirement study was conducted by HSBC. It finds people are increasingly expecting to live […]
Specialist lender Money Partners has appointed Bob Sturges as director of communications.Sturges joins the senior management team and reports directly to Colin Sanders, CEO.Sturges has oversight of all communications activity at Money Partners including media, corporate and public relations and internal organisation communications. He will also work closely with sales & marketing director, Adam Henry, […]
From Lee Martin I must have a moan about the service I am getting from Mortgage Express. It is useless – complete and utter garbage. I did a DIP using its online system on July 28 which was referred and two days later I received an email saying it was accepted. I was then unable […]
The era of loose monetary policy created an environment that rewarded passive investors in the US. However, with the US raising interest rates for the first time since 2006, Felix Wintle explains why he believes active investing will be more important than ever. In the video Felix discusses: The rising cost of capital and its […]
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