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Genesis&#39 common approach works for IFAs

Genesis Home Loans says its recently launched common application form has been well received by intermediaries.

It says it has achieved its aim to develop a standard form for intermediaries making mortgage applications for clients that lets them choose from a wide range of lenders but keep stocks and paperwork to manageable levels.

Genesis says common forms reduce potential delays caused by using lender specific paperwork should a case need to be switched part way through the application.


FSA to probe claims over missold splits

The FSA is to investigate allegations of IFA misselling and provider collusion in the split-capital investment trust arena, according to a discussion paper published this week.The regulator undertook an analysis of the sector at the end of September after several trusts ran into trouble in the falling markets, exacerbated by the US terrorist attacks on […]

MFS International UK – The MFS Continental European Equity Fund

Thursday, December 20, 2001.Type: Oeic.Aim: Growth by investing in Continental European equities andequity-related securities.Minimum investment: Lump sum £1,000, monthly £50.Investment split: 100 per cent in Continental European equities andequity-related securities.Isa link: Yes.Pep transfers: Yes.Charges: Initial A shares 5 per cent, annual A shares 1.5 per cent, Bshares 2 per cent.Special offer: Initial charge reduced to […]

MCCB ready to work with FSA

The MCCB says it welcome&#39s the Treasury&#39s decision that the FSA will regulate mortgage advice from 2004.It says this move towards statutory regulation has been facilitated by its won work in establishing the first register of intermediary and lender firms active in the mortgage industry and its policies to improve training standards.MCCB chief executive Luke […]

Mortgage Brain appoints two business development managers

Mortgage Brain is strengthening its business development team in a bid to keep the company at the forefront of developments in the mortgage industry.It has appointed Karen Crookes to lead its team of new business development managers from Reuters where she had been an administrator for 10 years.Madeleine Mason has been appointed to Crookes&#39 team […]


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