mortgage brokers

‘If you do not wish to offer protection advice, refer it’

Mortgage market study launched today

Brokerage Goldman Group has taken the decision to stop offering mortgage and insurance advice due to the tough market conditions.

FSA intervention in the mortgage sector in the near future could deliver the wrong outcomes for consumers as the market is still not functioning normally, the CML warns.

Mortgage brokers have been warned put TCF first, even when business conditions are tough.

Mortgage brokers are broadly optimistic about their business prospects for the next 12 months, research from RBS Intermediary Partners (RBS IP) shows.

The number of brokers operating in the intermediary mortgage market has further to shrink, according to the latest member survey from the Intermediary Mortgage Lenders Association (IMLA).

Network members in the mortgage and general insurance (GI) sectors are not ahead of their directly authorised counterparts when it comes to compliance, new research from MS2M shows.

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Mortgage brokers will not be charged a levy by the Financial Services Compensation Scheme in 2007/08, although IFAs not holding client money are still liable for a charge of £42m.