AMI chief executive Robert Sinclair says direct-only channel is in “decline”.
Mortgage Strategy in-depth
The province was one of the hardest hit by the crash but the property market is enjoying a revival and first-time buyers are boosting the feelgood factor
For the self-employed, getting a mortgage is like standing before the judges on Dragons’ Den and while things are improving, there is still a long way to go
The great price war is intensifying as lenders cut rates to build business but the looming threat of a cooling market could deliver a knockout punch
The decision by the Treasury to regulate buy-to-let loans where there is an accidental landlord is a clever sleight of hand to capture the smallest niche possible.
As advisers we are often expected to be adviser, marriage guidance counsellor and often clairvoyant.
The old adage that “rules are for the guidance of wise men and the obedience of fools” has never been more appropriate.
FCA-regulated firms now have lawyers and compliance specialists crawling all over the consumer credit rules
Loan-linked insurance cover is never, as providers may claim, free as someone always bears the liability.
We have entered a world where important decisions are being made for us.
Not all commercial judgements are sensible or even well thought through and the end result can be detrimental to one or more parties
The rules which cover how lenders calculate affordability take a pragmatic approach to assessing borrowers’ spending. It is a shame that some lenders appear not to be following them
With the doom mongers determined to spread panic, all brokers can do is not get dragged in and continue to educate clients