Many would find it hard to sympathize with mortgage lenders, but it's easy to see why the FSA's CP10/28 might not be much to their taste.
The document issued last week presents a striking strategic vision for the UK mortgage market. Importantly for those of us involved in intermediated sales, it is very supportive of mortgage broking and rightly so. As an estate agency, mortgage broking and chartered surveying group, Kinleigh Folkard & Hayward is involved in the entire value chain of home buying up to the point of actual lending and our perspective is a holistic one. We feel we should give credit to the FSA where it is due and welcome the even handedness that it has brought to regulating distribution in this document. F...
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