The Mortgage Credit Directive: changes for all brokers
The FCA will be implementing new rules for brokers and lenders in both first and second charge markets from 21 March 2016, as a result of the Mortgage Credit Directive. [...]
MAY 2015 – The real lending into retirement conundrum
As working patterns change and we have a more active elderly population with more people will wanting to phase in their retirement, the industry will come under increasing pressure to provide advice on more flexible mortgage products. Indeed we will [...]
MAY 2015 – When Advice goes wrong
On top of huge increases in FCA fees, mortgage firms are being asked to pay for the despicable advice given by some investment advisers to place Self Invested Personal Pension funds into poorly performing unregulated investments. These pension advisers have [...]
4 years ago / Comments Off on MAY 2015 – When Advice goes wrong
MAY 2015 – What is in a title?
Whether we label ourselves as mortgage brokers, advisers, sellers, consultants or managers, it probably does not matter to the average consumer who is just looking for an expert to point them in the right direction. What is important is that [...]
4 years ago / Comments Off on MAY 2015 – What is in a title?
MAY 15 – New Plans for a New Era
By the time this is published we should have a new government with a mandate to govern for 5 years, unless voted down. This new team inherit a very different set of issues than their predecessors. It is easy to [...]
4 years ago / Comments Off on MAY 15 – New Plans for a New Era
APR 2015 – Bringing the Directive to life
As MMR reaches its first anniversary, we are months away from what could be a potentially chaotic period caused by having to implement the European Mortgage Directive. The final date for implementation of most of the directive provisions is 21 [...]