The Guardian Financial Group has revealed that almost two thirds of callers to its arrears helpline are instructing Guardian to handle negotiations on their behalf as a result of the need for expert financial guidance.
This figure comes on the back of the latest FSA arrears statistics that 13,161 homes were repossessed by mortgage lenders in the third quarter of last year representing a 92% jump on the same period in 2007. Guardian says it believes that this is a clear indication of the need for mortgage brokers and IFA's to adapt appropriate holistic advice to best serve their clients needs. Guardian launched its free arrears helpline earlier this year and has been inundated with calls from financially concerned consumers. The firm reveals the two major problems reported are that people are over-comm...
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