Brokers 'asleep at the wheel' - Burgesses

Sara-Ann Burgess, managing director of the firm, argues that if the majority of mortgage brokers had been carrying out their duties in a professional manner, then far fewer homeowners would be in danger of losing the roof over their heads. Her comments come as a new survey of estate agents suggests at least 5000 properties a week are being put up for sale by "forced downsizers". Burgess says: "A competent financial intermediary should be advising their clients to take out insurance cover to ensure peace of mind for when the hard times inevitably do arrive. "The fact that so many people ...