Mortgage lenders have expressed concern for the well being of intermediaries ahead of forthcoming mo...
Mortgage lenders have expressed concern for the well being of intermediaries ahead of forthcoming mortgage regulation as they fear some advisers will struggle to avoid drowning in a sea of bureaucracy. Findings surfaced in a survey of leading UK mortgage lenders, held by IT automation specialists, Focus Solutions Group, and IT solutions provider Dunstan Thomas. All of the lenders surveyed expressed concern about the amount of additional paperwork and costs involved in a sale, as a result of planned CP98 requirements. Two-thirds of the lenders believed smaller intermediaries, in...
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