Top five stories
Over 50 advisers slam Abbey’s fast track service
When mortgage fraud is the final straw
Dual pricing part II – what’s your move?
FSA cancels broker’s permissions for lack of PI cover
Will BTL lenders be next to rein in interest-only?
Round-up
Just over 50 mortgage advisers have signed a disgruntled letter to Abbey’s Miguel Sard, flagging “severe misuse of its fast track audit process” after a broker has been banned from using fast track and left unpaid for the case.
A married couple found guilty of 24 counts of mortgage fraud committed over the course of six years have been jailed.
The UK economy contracted by 0.2% in the first quarter of the year, slipping back into technical recession, preliminary estimates from the Office for National Statistics (ONS) have shown.
Precise Mortgages has entered into a partnership with seven mortgage distributors, in a bid to “clean up” the bridging market.
HSBC has confirmed 2,217 job losses in the UK over the coming months, with a quarter directly as a result of the anticipated impact of the Retail Distribution Review (RDR) and a decision to close its tied advice arm.
Nearly 40% of brokers are worried about recommending Accident Sickness and Unemployment policies after the PPI mis-selling scandal, the latest Mortgage Solutions poll has found.
In his latest feature for Mortgage Solutions Rob McCoy, senior product and communications at PMS talks though product choices for victims of the mortgage SVR rises.
