Deadline approaches for mortgage intermediaries

That could cost mortgage intermediaries a minimum of £600, the association says, as the costs of an electronic application jump to £1,100 from £500. For paper-based applications the increase is steeper still; the increase is £700 to £1,200. Beyond the March deadline, intermediaries have in any case only until the end of April to lodge their applications or risk losing the FSA guarantee of a decision in time for Mortgage Day, 31 October. Go to the FSA website for mortgage and general insurance intermediaries to obtain more information. IFAonline