Articles

Member Area
July 15 – Onward and Upwards

BY AMI

The UK economy continues to look positive following George Osborne’s second budget of 2015.  Economic growth is predicted to continue in the positive, within a range of 2.5% to 3.0% per annum for the near term. This is a strong [...]

5 years ago / No Comments

3

AUG

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July 15 – The FCA thematic on advice post-MMR

BY AMI

The FCA has published its long-awaited thematic report on advice and distribution, following the Mortgage Market Review (MMR). This report is a further important milestone in the MMR journey.  It sets out with some clarity the things that the industry [...]

5 years ago / No Comments

9

JUL

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June 15 – Why has the remortgage market not taken off?

BY AMI

With mortgage rates at lifetime lows, which in my case is a lot of years, it is absurd that remo volumes remain firmly rooted at low levels. What is it that is preventing more borrowers from moving to lower rates? [...]

5 years ago / No Comments

22

JUN

No

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June 15 – What should an ERC be?

BY AMI

When AMI first reviewed the European Mortgage Directive text, we felt that the sense of the text meant significant change for UK lenders. We were surprised when the FCA indicated that they were not intending to change their rules. AMI [...]

5 years ago / No Comments

18

JUN

No

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June 15 – The proposal for seconds

BY AMI

One of the biggest decisions all mortgage firms will have to make to implement the provisions of the Mortgage Credit Directive is whether to include second charge loans in their scope of service. For many years, the vast majority of [...]

5 years ago / No Comments

18

JUN

No

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MAY 2015 – The real lending into retirement conundrum

BY AMI

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 [...]

5 years ago / No Comments

22

MAY

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MAY 2015 – When Advice goes wrong

BY AMI

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 [...]

5 years ago / No Comments

19

MAY

No

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MAY 2015 – What is in a title?

BY AMI

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 [...]

5 years ago / No Comments

19

MAY

No

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MAY 15 – New Plans for a New Era

BY AMI

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 [...]

5 years ago / No Comments

19

MAY

No

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APR 2015 – Bringing the Directive to life

BY AMI

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 [...]

5 years ago / No Comments

19

MAY

No

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