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Assureweb&#39s free mortgage deal attracts 1,000 brokers

Assureweb says its free mortgage sourcing software has encouraged more than 1,000 mortgage brokers to use its online mortgage selector service, which started in April.

The launch was supported by a marketing and ad campaign promoting what Assureweb claims are the benefits of the new service for intermediaries, including the ability to complete mortgages online.

The service provides industrywide information on more than 2,500 products from 100 lenders.

Intermediaries can match their clients&#39 requirements to the right mortgage products quickly and efficiently, says Assureweb.

Introducers registered with the Mortgage Code Compliance Board can produce client illustrations and carry out criteria checks based on secondary underwriting for selected lenders.

Assuresoft sales and marketing director Nicola Mitchell says: “We are constantly developing new services on Assureweb, which we believe add greater value to financial intermediaries. We are delighted the new service has been so well received. With over 15,000 registered users, AssureWeb also has one of the biggest IFA user bases of any UK online trading platform.”


FSA looks at scrapping PI

The FSA is considering scrapping mandatory professional indemnity insurance for IFAs as one option in its Integrated Prudential Sourcebook consultation paper. In the same paper, published this week, it unveils plans which could force intermediaries holding client money and fund managers to increase their reserves and regulatory responsibilities to the levels expected of international banks. […]

Julian Gibbs

Most IFAs are frightened of Enterprise Investment Schemes and, in many cases, quite rightly. But there are some excellent asset-backed schemes in growth areas which all IFAs should consider as part of a portfolio for their bigger clients. They do have two major taxation advantages over venture capital trusts. Like VCTs, they have 20 per […]

LIA critical of ABI in response to Euro Saltr probe

The European Commission is investigating the ABI&#39s Raising Standards initiative to ensure it does not violate its competition rules. The Commission Directorate General for Competition is writing to a number of trade associations to ask a range of questions focusing on how much they have been included in the ABI&#39s consultation process. The letter asks […]

Collins Stewart goes for absolute return

Collins Stewart – Absolute Return FundType: Multi-manager hedge fund.Aim: Growth by investing in hedge funds.Minimum investment: £10,000/$15,000.Place of registration: Guernsey.Investment split: 100 per cent in a range of hedge funds from up to 25 fund managers.Isa link: No.Charges: Initial up to 5 per cent, annual 1.5 per cent.Commission: Subject to negotiation.Tel: 01481 712889.Broker Panel:-David Mullin […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]


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