Newcastle ups mortgage adviser procuration fee
The tide is finally turning back in our favour. Great news.
Good Mortgage Man
Exclusive: Buy-to-let sector growth will not see return to sharp lending practice
With a maximum of 85% LTV and only OneSavings Bank (and Interbay) offering this LTV. We are not in fear yet of over exposure – if you’re going to enter buy-to-let you have to be ready to put at least a 15% deposit at risk.
Most lenders won’t talk to brokers unless they have the FCA logo on their letterhead, unregulated market or not. Mortgage networks remain in fear of upcoming regulation and impose bureaucracy, today. It’s self-regulated, In my opinion…
AdamH
Can incentive schemes also reward the consumer? – Marketwatch
It really is time the TSC [Treasury Select Committee] or someone in authority investigated the conduct of the FSA/FCA. Are they really there to regulate the financial sector or to protect it from its own repeated misconduct?
Given the number and size of the many examples of what, quite frankly, can only be called fraudulent scams against the public, shouldn’t we be asking how the FSA managed to miss them all?
Worse than that, I know for a fact many people (whistle blowers) have supplied substantial evidence of fraud (in banks) to the FSA and yet little if anything is done about it. Their excuse is generally to quote Section 348 of FSMA2000 which allows for a complete lack of transparency from the regulator i.e. “we can’t tell you what we are doing.”
But the proof of the pudding is in the eating – if the FSA/FCA were doing anything, we wouldn’t be continually plagued with scandal after scandal. And there is more to come.
Spandavia
Tax break proposed for insured workers
The thin end of a very large wedge!
Paul T
Thank you for your comments this week
