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We must campaign against Mortgage Market Review

My view is that nothing will be done about the Mortgage Market Review and that the Financial Services Authority will get its way.

The only thing that could stop it is if we, as an industry, get off our backsides and campaign against it.

The first thing that should happen is that the mortgage networks should take a strong stance and push David Cameron, George Osborne and Vince Cable into stopping it in its present form.

The second thing is that we, as brokers, should stop moaning and adopt a united stance.

We should also write to and email our members of parliament, as well as the PM and members of his cabinet.

Are we going to sit back and watch our livelihoods disappear or are we going to take action?

Alan Campbell

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AFI reports improved customer satisfaction

Abbey for Intermediaries says it has reduced its average mortgage offer turnaround time to just nine days, down from 14 a year ago. The lender says in the past 10 months it has seen a 50% increase in satisfaction levels among intermediaries, based on a poll of 400 brokers. It attributes these improvements to new […]

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