Broker workshop: Mortgage applications

There is no doubt that life in the mortgage world has changed pretty radically in the last 18 months or so, with many lenders unable to extend credit to anyone who represented even the smallest risk. While this approach hasn't shifted much, criteria has grown a little less stringent in the last few months. With lenders enhanced willingness to lend, the question for mortgage brokers has to be what will put their clients in the strongest position to get an acceptance at the best possible rate. And this needs to be taken in the context of the proposals outlined by the Financial Servic...