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IFAs prefer flex mortgages says Sun Bank

Three quarters of IFAs would choose a flexible mortgage if they were taking out a mortgage tomorrow, with daily interest calculation seen as the top priority, according to a report carried out for Sun Bank.

Eighty-one per cent of IFAs supported a minimum industry standard for flexible mortgages to protect consumers.

Sun Bank marketing director Chris Cummings says: “This study highlights the increasing popularity of flexible mortgages and judging by the number of IFAs who would choose one for themselves , it suggests that this trend is set to continue.”


FSA roadshow on T&C changes

The FSA is running a series of roadshows as an update on the changes in training and competency regulations since it last ran roadshows a year ago. They will also highlight information contained in the final training and competency sourcebook which was published earlier in the month. The roadshows start in London on 29 January […]

Base rate pledge on loan for credit-impaired

High Street Home Loans is offering a mortgage for the cre dit-impaired guaranteed not to exceed the base rate by more than 2 per cent. Premier One is for sale exclusively through IFAs and mortgage brokers and is available for loans up to £1m. HSHL believes from its own research it is the only provider […]

The British &#39a nation of dreamers&#39

The British are a nation of dreamers, but 64 per cent have done nothing to make their dream a reality, a MORI survey shows. The research, for the Association of Investment Trust Companies, shows that over half dreamt of a new home or a second home in the country or abroad. One in five would […]

Prediction of soft landing is not just crystal ball gazing

The news that Fed chairman Alan Greenspan believes the US economy will have a soft landing could not have come at a better time. Investment IFAs and fund managers were just beginning to voice concerns about clients getting jittery about the current state of markets worldwide. Greenspan has reassured the market that the Fed is […]


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