Brokers urged to back FSA mortgage campaign

clock

Brokers should ensure they inform their customers of the options available to them if they are suffering difficulties with mortgage repayments, according to Mortgage Next.

The firm says brokers should back the FSA’s campaign to increase consumer awareness of their financial options. FSA research suggested one in five homeowners are concerned they will not be able to make their mortgage payments over the next twelve months. Gemma Harle, managing director of Mortgage Next, says brokers can use the opportunity to diversify their business to offer worried consumers additional services. “Brokers should consider how they can best keep their clients informed about the range of options available to them, which should not only include mortgage products but also add...

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 Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read