The second charge loan industry and it’s systems
Why the second charge loan industry must not become reliant on sourcing systems Since the implementation of the mortgage credit directive (MCD), the second charge mortgage industry has seen a flood of new sourcing systems enter the market. Recently Shawbrook, Precise...
read moreUncertainty Ahead If The U.K. Votes To Leave The E.U.
Uncertainty Ahead If The U.K. Votes To Leave The E.U. On Thursday 23rd June, the U.K. will vote in a referendum to decide whether or not to remain in the European Union. A pro-leave outcome would send shock-waves through the U.K. and internationally. Political Change...
read moreDemand For Financial Advice Outstripping Supply
Demand For Financial Advice Outstripping Supply Need for financial advice remains strong but the number of advisers predicted to decline. According to the latest research from Prudential, up to 5 potential clients are being turned down a month by a substantial 49% of...
read moreFive Top Tips to Spot a Second Charge Customer.
Five Top Tips to Spot a Second Charge Customer. Interest only mortgage customers. For some consumers, staying on their existing interest – only mortgage is the best option for them. However many believe that the only way to obtain further credit is if their current...
read more4 Ways to pay off your Credit Card
4 WAYS TO PAY OFF YOUR CREDIT CARD Before we show you 5 tips to pay off your credit card faster, we wanted to look at the perils of only ever making the minimum payment (normally 2.5%). Credit card companies thrive on ignorance and when you take into consideration...
read moreThe battle lines have been drawn
The battle lines have been drawn as the issue of independence reaches the mortgage market. In providing independent advice, a firm should not be restricted by product provider and should also be able to objectively consider all types of retail investment products that...
read moreMortgage Credit Directive
Mortgage Credit Directive Mortgage Credit Directive is almost upon us and as with all change people are apprehensive but also excited especially in the second charge industry as predictions are that it will be able to gain some of the remortgage markets share of...
read moreDebt Management Plan (DMP)
Debt Management Plan (DMP) Over the last few months, we have been hearing about a lot of clients who have, or who are considering, a debt management plan (DMP), While the prospect of a single monthly payment to a debt management company who will pay your creditors for...
read moreBuy To Let Secured Loans
Buy To Let Secured Loans Buy To let (BTL) loans were previously under served, with a lack of competition meaning prime customers in particular had not been served well. With so many property investors and accidental landlords still having mortgages taken out pre...
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