Each week Mortgage Solutions and its sister title, Specialist Lending Solutions, pick the top comments from our readers.
This week’s comment came under the feature article: Lenders should improve withdrawal process and work with brokers – Simpson
Albert Lyons said: “Whilst I agree it puts brokers and our clients in a difficult position, are you really expecting lenders to ‘take orders’ via their business development managers (BDMs) to allow us to book funds on products that have actually become loss leaders?
“Would you sell products at a loss and then continue to do so because advisers need more time? You state ‘it is safe to say there is full understanding of the need to withdraw and increase rates, we also all appreciate that things move quickly and so therefore must the lender’.
“If there is a full understanding of why this is happening, then I’m not sure you have a point.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS