The Financial Services Authority (FSA) may have deliberately misled the committee over Icelandic banks, MPs have claimed, The Telegraph reports.
Dear Mr Sants, I am writing to you on behalf of the huge number of IFAonline.co.uk readers who believe the FSA's response to the issue of dual-pricing has been insufficient and are calling for urgent further action.
When finding deals for first time buyers, it is as important for brokers to use their brains and experience as it is to consult a sourcing system, according to Ray Boulger.
The FSA's report into the sub-prime mortgage market, which resulted in the regulator taking action against five intermediary firms for ‘weaknesses' in their advice procedures, has been largely welcomed by the mortgage industry.
LENDERS ARE now offering mortgages equal to six times salary to first-time buyers desperate to get a foot on the property ladder, as house prices soar out of reach, says the Daily Telegraph .