View more on these topics

NLA calls for code of practice feedback

Landlords involved in the sale and rent back market are being encouraged to share their views on the National Landlords Association’s draft code of practice.

The representative body is calling for landlords to submit their views on the consultation paper, which aims to protect vulnerable consumers from rogue landlords, by August 31.

NLA chairman David Salusbury says sale and rent back continues to be a controversial issue.

He says: “The draft Code should be seen as a work-in-progress. We are putting it out for consultation so interested parties can submit their opinions about how the Code could be improved but also to indicate the seriousness with which the UK’s leading landlord association takes its responsibilities for raising standards across the private-rented sector.

“As we have said before, people’s homes are not like other commodities. We must act in order to ensure those consumers facing financial difficulty and imminent repossession are protected from rogue landlords.”


Platforms pose cost problem

Institute of Financial Planning chief executive Nick Cann has warned that advisers who move clients on to platforms without improving service could face the wrath of the FSA.

Brokers wary of absolute future

The future prospects of many absolute return funds have been questioned by advisers who believe there are better investment opportunities in the short and long term.

Normal service will resume

It is clear that Abbey has finally overhauled the mighty HBOS in share of the mortgage market. In happier times, brokers would have been more than pleased to see this happen as it would have meant an injection of competition and a big challenge to the presumed market number one.

Absolute appetite

As the credit crunch continues to hit funds, investor demand for absolute return offerings has continued to soar.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm