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Britannic Money offers guide to mortgage regulation

Britannic Money is publishing a guide explaining how the FSA&#39s proposals for mortgage regulation will affect intermediaries.

The new rules under discussion in CP146, due to come in to force during 2004, mean that almost all intermediaries involved in the selling of mortgages will require ‘authorisation’ from the FSA .

Britannic Money chief executive Tony Ward says: “As part of our continuing programme of communication to keep intermediaries informed about the proposals, we have produced this guide which we hope will be a useful source of information and enable businesses to make the correct preparation ahead of the new regulation.”

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