Three things clients may call you about this week

... clients may call you about this week

clock

Here once again is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...

'Porting problems' Some banks and building societies are making it difficult for all borrowers to keep their mortgage when they move house in a crude tactic to weed out customers they no longer want, wrote the Sunday Telegraph. According to the paper, a number of major lenders including HSBC and Barclays, keen to purge borrowers on very low rates, older borrowers and those they no longer deem credit worthy, are unfairly applying new affordability rules to refuse porting requests. MORE...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Is being Chartered worth it? Breaking down the perennial dissensus

Is being Chartered worth it? Breaking down the perennial dissensus

‘Many non-Chartered advisers are just as competent as those who are’

Hope Coumbe
clock 10 May 2024 • 4 min read
Andrew Goodwin: Financial advice and the Evangelista effect

Andrew Goodwin: Financial advice and the Evangelista effect

'Future of advice lies in independence, approachability and affordability'

Andrew Goodwin
clock 10 May 2024 • 4 min read
Aviva integrates robotic process automation into platform capabilities

Aviva integrates robotic process automation into platform capabilities

Robotic process automation removes need for client by client process

Sahar Nazir
clock 09 May 2024 • 1 min read