Claims firms are the bane of most brokers’ lives, so it caused outrage among the adviser community when Mortgage Strategy revealed in April that claims firm Money Boomerang was targeting brokers in a series of TV adverts touting for mortgage misselling business.
Council of Mortgage Lenders director general Paul Smee has dismissed the idea that an increase in base rate will lead to a wave of new repossessions. Giving evidence to the Treasury select committee today, Smee was asked whether an increase in base rate will lead to an increase in the number of repossessions. Smee said […]
Goldenballs Budding celebrity-spotter and part-time mortgage reporter Devraj Ray was bitterly disappointed this week to miss what he ruefully claimed would have been the “scoop of a lifetime”. Alerted to the arrival outside the Mortgage Strategy office of his all-time hero, David Beckham, Ray sprinted at top speed down to the street in search of […]
The number of mortgage products available has increased 37.5 per cent in the past year, according to Mortgage Advice Bureau. Using data from Moneyfacts.co.uk, MAB says there were 12,032 products available in November compared to 8,748 a year earlier. This is the first time since MAB began tracking the figures, in April 2009, that the […]
NatWest Intermediary Solutions will launch products for the Help to Buy mortgage guarantee scheme next month. There are no product details at this time and an exact launch date is expected in early January. NatWest’s parent, Royal Bank of Scotland, has already launched products for the scheme, along with Halifax, HSBC, Aldermore and Virgin Money. […]
When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]
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