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Articles, tagged with "financial services authority"

Why Downsizing your Property is not always the best Option when Looking to Fund your Retirement

17th September 2009
Looking for extra cash to live on? Considering Downsizing? Why it’s not always the best option... Whilst thousands of older homeowners consider moving to a smaller property so as to release cash to live on or fund home improvements or the like, it ha... Read >
Author: Geoff Charles

EQUITY RELEASE OFFERS FINANCIAL FREEDOM IN RETIREMENT

17th September 2009
Retired home owners facing dwindling savings, poorly performing pensions and increased living costs are turning to equity release so that they can enjoy financial freedom in retirement, says Bower Retirement Services. But before they do, they must take in... Read >
Author: Geoff Charles

How to become a Mortgage Broker

16th September 2009
There is a good demand of mortgage brokers in the financing industry. Many people takes this services as a serious career option. In the United Kingdom, if you want to become a mortgage broker then you need to clear certain examinations. These exams are c... Read >
Author: Creative SEO Content

Increasing Your Awareness of Banking Fraud

10th September 2009
The Bernard Madoff and the Allen Stanford scams have shown that seemingly reputable financial institutions can have darker sides. Fraud costs trillions of pounds each year to the world’s economies. The Financial Services Authority in the UK puts prime i... Read >
Author: Tom Swayer

Which Equity Release Plan Should You Opt To Get The Maximum Benefits?

24th August 2009
Benefits rule over the risks when it comes to equity releases. Advice from a reliable source can help you to get the equity release that suits you the best so that you can enjoy its benefits year after year. What is Equity Release? Equity Release i... Read >
Author: Rahul Rungta

Reclaim PPI Guide

10th August 2009
PPI or Payment Protection Insurance is an insurance cover that is taken to cover the repayments, if you are not able to provide for repayment; against loans, store cards, credit cards and other financial products like car finance and home loans. As a prod... Read >
Author: Jamie Hanson

How to Ensure Your Savings are Safe

29th July 2009
With so much turmoil in the banking sector over the past few months, savers are feeling justifiably jittery about the safety of their hard-earned cash - but just how safe are their savings? Many are nervous about putting their faith in savings institu... Read >
Author: MarkeD

Repossessed Homes Legal Advice Fund Doubled

27th July 2009
With so many property repossessions occurring in UK, the Government is providing extra funding for free legal advice at courts. The fund which currently stands at £750,000 has been doubled to £1.5 million. This means that all courts in England now pr... Read >
Author: isxrc

Credit Card Debt - Take Care

23rd July 2009
Not everyone realizes that personal loans and credit card debts could lead to repossession of their homes - even though the mortgage repayments are right up to date. The Financial Services Authority, or FSA, have expressed their concerns and issued a w... Read >
Author: michael challiner

Equity release: Low on cash, high on value.

18th July 2009
In the interesting times during which we live, many people are finding that while they are strapped for cash, they have a lot of value ties up as equity in their home. Faced with the two possibilities of leaving all this value as an inheritance for the ki... Read >
Author: Robert Palmer

State Pension

16th July 2009
So you think you will be getting a State Pension (SP) at 65 ? Think again! Ask the average man on the street when they think they will collect an SP and nearly all will say 65. If they are aged under 50, they're wrong. Lord Turner (the current cha... Read >
Author: Richard V

Home Equity: Releasing your Potential

07th July 2009
Nowadays, reaching the age of retirement with your pension intact is a feat not to be underestimated. Your pension is a pot of money that is accrued over the course of your working life. Upon retirement, you should receive regular payments every year, ... Read >
Author: Adam Singleton

Going abroad

07th July 2009
Making sure that you are adequately prepared for your holiday is the best way of ensuring that if anything goes wrong you will be completely equipped to deal with the situation quickly and easily and you can enjoy the rest of your time. Buying travel i... Read >
Author: Dominick Davis

Alpari and iforex are renowned names in Forex trading

06th July 2009
When it comes to the world of foreign exchange, names of alpari and iforex stand out with respect to the features and services that they have to offer. Although they operate from totally different locations they reach out to foreign exchange traders from ... Read >
Author: Clint_Jhonason

Payment Protection Insurance Has An Over-Haul

02nd July 2009
The Competition Commission has asked for a ban on selling payment protection insurance (PPI) when people take out credit agreements. However lenders say the price of personal loans will rise. PPI covers repayments if the holder is not able to pay due ... Read >
Author: michael challiner

Banks Are Under Pressure to Cease Selling PPI

02nd July 2009
By the end of this month some of the country's largest high street banks will cease selling single premium Payment Protection Insurance known as PPI because of continuing pressure from the City Regulator. Payment protection Insurance is generally sold to ... Read >
Author: michael challiner

Travel Insurance For Skiers

30th June 2009
If you’re looking to head abroad and take a skiing holiday in the mountains, it’s important that before you go you have a travel insurance policy in place which suits your needs. Skiers in particular often find that the travel insurance made available... Read >
Author: mathew

Six Ways To Increase The Amount You Can Borrow On A Mortgage

18th June 2009
Those hoping to buy a new home or looking to re-mortgage may be alarmed to hear that under new borrowing rules they may soon be unable to raise a mortgage for more than three times their annual salaries. The Financial Services Authority (FSA) is alrea... Read >
Author: michael challiner

How to Choose a Unit Trust

15th June 2009
For many people with available assets who are shopping for secure and unobtrusive ways to invest, unit trusts may be a solution. They are generally considered to be a safe investment avenue, as the risks as well as the profits are shared mutually among th... Read >
Author: sturat

Guide to Equity Release

13th June 2009
Very simply, equity release is a scheme that allows elderly homeowners to free up some or all of the value (the equity) tied up in their place of residence. Despite their indisputable popularity, the Consumers' Association magazine Which? Has branded the ... Read >
Author: MarkeD

How Not to Become a Scam Addict Part 4 from Confessions of a Scam Addict

12th June 2009
You will recall that James, in the previous post, had just received the three documents necessary to give to his contact (provided, of course, by PW's people), at the Financial Services Authority. Before continuing, one final reminder about never believ... Read >
Author: Susan Lancaster

Lenders Plan To Ease Home Repossessions Ahead Of boom In Mortgage Defaults

05th June 2009
As they brace themselves for a rise in defaults, mortgage lenders have published their plans to minimise the number of people who have their homes repossessed. The Council of Mortgage Lenders (CML) said that while mortgage arrears and repossessions were e... Read >
Author: michael challiner

How are Lifetime Mortgage Providers regulated?

05th June 2009
There are a few significant regulators in the UK that govern the way lifetime mortgage providers conduct their business. They are the FSA (Financial Services Authority) and SHIP (Safe Home Income Plans). SHIP SHIP is a company supported by all the ... Read >
Author: Les Patterson

US to enforce new restrictions on credit cards

03rd June 2009
Fixed Rate Bonds differ from typical savings accounts. To begin with, they are more of an investment. Most people associate an investment as a form of gambling, as things do not always go as planned so there is the potential to lose an investment. How... Read >
Author: Robert Bell

Banking Is a Safe Bet for 21st Century Savers

18th May 2009
The days of squirreling money away under mattresses have long since been consigned to the history books. For centuries now, banks have acted under licence from governments to provide a number of financial services, both to businesses and the general publi... Read >
Author: pmcindoe

Banking Is a Safe Bet for 21st Century Savers

18th May 2009
The days of squirreling money away under mattresses have long since been consigned to the history books. For centuries now, banks have acted under licence from governments to provide a number of financial services, both to businesses and the general publi... Read >
Author: Adam Singleton

Managing debt in the city where you live

09th April 2009
With the turbulent times that are facing our world economy, numerous homeowners have been affected. Many have found themselves unable to make payments on their mortgages and some homes have even been repossessed. Many consumers have sought out debt advice... Read >
Author: Robert Palmer

Protecting Yourself With PPI

03rd April 2009
PPI, also known as payment protection insurance, is often sold with various forms of finance, such as credit cards, loans, and car loans, and this type of cover has been at the centre of controversy for the past couple of years. It was found by regulators... Read >
Author: Alisdair Cosgrove

Injury Lawyer highlights shortcomings

05th March 2009
It seems that insurance companies have been resorting to bullying tactics to get claimants to settle for less than what they are in fact entitled to. The warning from Amanda Stevens President of APIL (Association of personal injury lawyers) claims that th... Read >
Author: seamus

What You Have To Do To Cancel Your Payment Protection Insurance Policy

05th March 2009
Payment Protection Insurance (PPI), we believe, is generally not value for money and that there are better plans to be had for relatively little more. If you have PPI and do not fully understand it and how it works, then it is likely to have been mis-sol... Read >
Author: michael challiner

Choosing the best life insurance

04th March 2009
Copyright (c) 2009 Mark Walpole The best life insurance policies are not necessarily the cheapest. Those low premiums might look attractive, but will they pay out when you need them to? And that's not the only factor in deciding what is the best policy... Read >
Author: Mark Walpole

Where you can find good mortgage info

04th March 2009
There is a wealth of information on the internet, a lot of which is very useful however to ensure you are getting the right advise it is always advisable to go to a credible source. If you are looking to buy your first property or wish to review your opti... Read >
Author: cborthwick9

The Mis-Selling Of Payment Protection Insurance

17th February 2009
According to watchdog, in the last two years complaints about personal protection insurance sold with loans, credit cards and mortgages have increased tenfold. 500 complaints a week are received by The Financial Ombudsman about the insurance, which wor... Read >
Author: michael challiner

How Fixed Term Bonds differ from your average savings account

12th February 2009
Fixed Term Bonds (also known as Fixed Rate Bonds) differ from typical savings accounts. To begin with, they are more of an investment. Most people associate an investment as a form of gambling, as things do not always go as planned so there is the potenti... Read >
Author: Which4u

How Fixed Term Bonds differ from your average savings account

12th February 2009
Fixed Term accounts differ from typical savings accounts. To begin with, they are more of an investment. Most people associate an investment as a form of gambling, as things do not always go as planned so there is the potential to lose an investment. ... Read >
Author: Which4u

New Year leads to new Travel Cover and Changes from the FSA

26th January 2009
The last year saw major catastrophes, occurring in the travelling industry. Several airlines closed down, tens of thousands of travellers were left stranded overseas as a result, and travel agents were found to be using “misleading sales tactics” to s... Read >
Author: Ruth Jacob

What Should You Need in a Great Independent Financial Adviser?

22nd January 2009
Now we all have to be effective at managing our finances but there are some monetary states of affairs which are too convoluted for us to deal with by ourselves and we want some solid financial advice. Here are a few pointers to consider when you are sele... Read >
Author: JCole

Kids using Parents Credit Cards Online

20th January 2009
CPP, the online identity protection company have warned parents that they might be at risk of identity fraud due to their children secretly using their credit cards for online purchases, subscriptions and games. Regulated by the Financial Services Auth... Read >
Author: Carys Robshaw

Handling your Finances - A Review to Independent Financial Advisor Choice

17th January 2009
Today we all have to be effective at handling our finances but there are some monetary situations which are too complicated for us to handle on our own and we want some dependable fiscal advice. In that case, you might resolve to choose the help of a fina... Read >
Author: JCole

Cheap Taxi Insurance Online

09th January 2009
Take advantage of the services online insurance brokers offer. Not only will they provide a number of insurance quotes from different insurances companies they work in partnership with - they also have dedicated teams of consultants who specialise in taxi... Read >
Author: Stanley Headley

Watch Out For Bad Deals On PPI

09th January 2009
Imagine paying double what your loan was worth, in order to have payment protection insurance, and then not be able to claim for it. Well this is the case for some people, and this is why a large-scale investigation into this sector, was implemented by th... Read >
Author: Nigel Thomas

How Common Is The Mis-Selling of PPI?

09th January 2009
2005 saw the Financial Services Authority initiate an enquiry involving the sector of payment protection. This was after a complaint was received by the Office of Fair Trading. The Citizens Advice Bureau was not happy. The policies that customers were bei... Read >
Author: Nigel Thomas

The PPI Scam

09th January 2009
During 2005, the payment protection sector came under investigation from the Financial Services Authority, after it was found that there were serious failings in regard to the service and the products that people were being sold. This was all initiated by... Read >
Author: Nigel Thomas

In housing problems ‘Shelter’ has the expertise.

04th January 2009
It is a reasonable guess that to many people the charity organisation ‘Shelter’ is the one to contact if you suddenly find yourself homeless for whatever reason. This is not strictly correct as their expertise should be requested when problems first a... Read >
Author: michael challiner

Planning For Your Retirement

28th December 2008
Do you have plans for your retirement? Whatever you wish to do with your time after work, whether it's spending more time with the grandchildren or travelling around the world, you need to ensure that you have the necessary savings to fund your retireme... Read >
Author: pmcindoe

FSA regulations asking for calls to be recorded and stored for half a year. 0845 numbers to the resc

03rd December 2008
New regulations from the Financial Services Authority (FSA) come into practice from March 2009 which means that every United Kingdom companies that have dealings with money issues will have to record all their telephone calls and store the files for at le... Read >
Author: David Harland

All About The Different Modules Of CeMAP

02nd December 2008
CeMAP training courses are one of the most challenging courses, they are meant for people, who are forward looking and really hard working. It is a course offered in the segment of mortgage, the people taking up this course intend to become mortgage advis... Read >
Author: shijinaseo

All About The Different Modules Of CeMAP

02nd December 2008
CeMAP training courses are one of the most challenging courses, they are meant for people, who are forward looking and really hard working. It is a course offered in the segment of mortgage, the people taking up this course intend to become mortgage advis... Read >
Author: shijinaseo

All About The Different Modules Of CeMAP

02nd December 2008
CeMAP training courses are one of the most challenging courses, they are meant for people, who are forward looking and really hard working. It is a course offered in the segment of mortgage, the people taking up this course intend to become mortgage advis... Read >
Author: shijinaseo

Mortgage Has Broken

30th October 2008
The current state of the economy means that it's more difficult than ever to get a mortgage. More and more people are turning to so-called experts to help them find a good, yet affordable, mortgage deal during this tough time. Unfortunately, due to th... Read >
Author: Jay Tillotson

Van Insurance policy

29th October 2008
When you are using your van for business, it is essential to have the right policy for it. The van holds great importance to your business, and you depend heavily on it for the transportation of goods. So it is always good to be sure that any losses or da... Read >
Author: Stanley Headley

Have You Been Mis-Sold PPI?

08th September 2008
Imagine paying double what your loan was worth, in order to have payment protection insurance, and then not be able to claim for it. Well this is the case for some people, and this is why a large-scale investigation into this sector, was implemented by th... Read >
Author: Nigel Thomas

Saving Money With An Individual Savings Account

05th September 2008
An individual savings account or ISA allows you to save up to £7,200 in total tax free in any one tax year. There are two types of ISA and these are cash ISAs and a stocks and shares ISA and the amount of £7,200 applies to the total of these two ISAs co... Read >
Author: Tim

Meandering Thru The Mortgage Maze - Part 1

01st September 2008
Not all mortgages are created equal; this seems to be one lesson that we have all learnt in the last two years, even if only indirectly. For those who have suffered through an unpaid mortgage and lost a home, the importance of small print need not be fur... Read >
Author: M Shane

Cashing in Pensions

24th July 2008
Cashing in your pension may sound like rather a hasty and misguided decision. Indeed the FSA ( Financial Services Authority ) makes it very clear that in most cases you will receive markedly less should you cash in your pension chips early rather than wai... Read >
Author: Alexis Svenn

OFT Call For Credit Card Companies To Help Consumers To Find The Best Deals

17th July 2008
The Office of Fair Trading (OFT) has said that credit card companies should make it more straightforward for consumers to compare deals and shop around for the best arrangements. This comes following research by the OFT that showed 70 per cent of card... Read >
Author: Phil

Intermediaries On The Rise

01st July 2008
The number of borrowers involving intermediaries, in their search for mortgages, has been seen to be on the increase, according to a financial website. Darren Cook, mortgage expert at eMoneyfacts.co.uk, commented in this increase, he said: “With cont... Read >
Author: Ruth

Insurers Breaching Rules - FSA

23rd June 2008
A probe by a Financial Services Authority [FSA] has revealed that insurance companies are failing to comply with rules designed to ensure consumers get the best deal. The City watchdog uncovered the failings in “wake up” letters from insurers targe... Read >
Author: Mildred

Advice needed for the younger generation in debt.

20th June 2008
The younger generation are now getting themselves into a considerable amount of debt. For many it is student loans that is the main reason but for many others, taking a loan out has become the norm and this is worrying to see. The Financial Services Auth... Read >
Author: Karl Bantleman

How To Reclaim Unwarranted Bank Charges

20th June 2008
Banks have a long history of taking unsavoury actions against their customers. They punish the very people to whom they should be most loyal. For example, an overdraft can result in a huge ?40 penalty (usurious by most standards). As banks publicly promot... Read >
Author: Robert Palmer

What is personal finance and what is the best way to make it work for you?

19th June 2008
Personal finance is basically the implementation of the idea of finance onto you and your family's monetary decisions. It will help you address the processes by which you can budget, save and spend cash over time. It also takes in account various financia... Read >
Author: Aaron Hill

House Buyers Encouraged To Take On Huge Loans By Corrupt Mortgage Brokers

16th June 2008
Thousands of homeowners face having their houses repossessed as the result of a home loan scam that could result in the rogue mortgage brokers behind it, being named and shamed. City watchdogs have exposed the bogus advisors who encouraged people wa... Read >
Author: Phil

Mortgage Lenders Face Repossession

20th May 2008
Britain’s financial regulator has warned that more than one million families in the UK risk losing their homes in the next 18 months as a result of the global credit crunch. With large mortgages and debts on the increase, the news that banks are bec... Read >
Author: Phil

The Truth Behind Liar Loans

15th May 2008
As Nick Cohen of The Observer warns: “pray this country doesn’t go sub-prime”, Tony Levine of The Guardian is hailing ‘liar loans’ as: “an attractive option”. Cohen cites ‘liar loans’ or self-certification as one of the negative influ... Read >
Author: Sarah Othman

Life Insurance Data Disc Lost By HSBC

15th May 2008
The major bank has admitted that a computer disk containing the life insurance details of nearly 400,000 customers has been lost. The disk went missing at some stage during courier transportation between a HSBC office and the office of reinsurers Swiss ... Read >
Author: Sarah Othman

FSA Calls For More Regulation Of Comparison Sites

09th May 2008
The recent popularity of price comparison sites has led to a city watchdog planning to review the regulation of these sites, particularly insurance comparison sites to ensure consumers are not buying products that are unsuitable for their needs. ... Read >
Author: Jemma

Looking For a Mortgage Online

08th May 2008
If you are connected to the Internet then you are probably familiar with search engines, and finding things you want. Google is probably the best known search engine of them all. Looking for a mortgage online can be as simple as typing “mortgage” into... Read >
Author: Aaron Hill

Fsa Calls for More Regulation of Comparison Sites

08th May 2008
The recent popularity of price comparison sites has led to a city watchdog planning to review the regulation of these sites, particularly insurance comparison sites to ensure consumers are not buying products that are unsuitable for their needs. The re... Read >
Author: Jemma

Online Mortgages Typically Offer Advices

06th May 2008
You can now access online mortgages thanks to the internet technology which has taken the world of business by storm. You can agree with me, that it is difficult and inconvenient to keep following matters of substance as housing in those bureaucratic offi... Read >
Author: Poly Muthumbi

The loan plans that make realty deal a reality

02nd May 2008
Making two successive real estate transactions success is definitely a tough task. The deficit may arise because of chain breaking or any delay due to legal proceedings. Sometimes, the cost of the new property may not adjust with the amount the person has... Read >
Author: gracy

The Benefits of Using a Mortgage Broker

01st May 2008
Buying a house can be complicated enough, but trying to sort out which mortgage is best, what the different rates are, etc, can be like trying to pick your way through a minefield. That’s why using a mortgage broker is such a good idea, and one that mor... Read >
Author: michael sterios

FSA Calls For More Regulation Of Comparison Sites

28th April 2008
The recent popularity of price comparison sites has led to a city watchdog planning to review the regulation of these sites, particularly insurance comparison sites to ensure consumers are not buying products that are unsuitable for their needs. The ... Read >
Author: Dyson Broome

Make $27,000 in 4 minutes flat - Trading Forex

02nd April 2008
Quite a statement I think you will agree, but can it be done? The ruling bodies for the foreign currency off-exchange markets are collectively the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) in the USA and in ... Read >
Author: Martin Bottomley

The BTL Mortgage Market Explained for UK Residential Landlords

02nd April 2008
The low down on the BTL mortgage market for UK residential landlords, explaining the structure of the buy to let mortgage industry. The dust is just starting to settle on the ‘credit crunch’ and landlords & BTL mortgage lenders are beginning to g... Read >
Author: Propertyhawk

The BTL Mortgage Market Explained for UK Residential Landlords

01st April 2008
The low down on the buy to let mortgage market for UK residential landlords, explaining the structure of the buy to let mortgage industry. The dust is just starting to settle on the ‘credit crunch’ and landlords & BTL mortgage lenders are begi... Read >
Author: Propertyhawk

Britons are failing to budget for 2008

03rd March 2008
British consumers are burying their heads in the sand by choosing not to sort out their finances in 2008 and instead choosing more seemingly exciting activities, according to a new study. Just under half will be scared to open their bills in the first f... Read >
Author: Andrew Regan

Mortgage Fraud

14th February 2008
Mortgage fraud has been on a steady rise in recent times and the Financial Services Authority (FSA) is currently looking into 200 scams that were all related to the mortgage industry. The FSA believe that the fraud goes far beyond people exaggerating a... Read >
Author: Gill

Buy-to-Let Mortgage Brokers

05th February 2008
While mortgage brokers need to be registered with the Financial Services Authority in order to advise clients on residential mortgages, no such rule exists for buy-to-let mortgages. This is because buy-to-let mortgages are regarded as commercial loans ... Read >
Author: michael sterios

Mortgages - Mortgage Debt

05th February 2008
Research conducted by a homelessness charity has revealed that the number of people seeking help with financial difficulties has increased eightfold since last year. The report follows stark warnings from the Financial Services Authority (FSA) – whic... Read >
Author: DCollins

PPI: how the banks make a profit

31st January 2008
When you apply for a loan you will often get offered Payment Protection Insurance (PPI) along side their loan, credit card or mortgage as a safety measure so that if you fall ill or lose your job then you are not going to incur any further charges and wil... Read >
Author: Andy Adams

Nokia 8800 sirocco

05th November 2007
It is highly unlikely that in today's times one will find a person or family who can claim to live without ever resorting to the shelter of loans. This is a phenomenon which is witnessed worldwide but nowhere is it as prominent as in UK. Indeed, it wouldn... Read >
Author: Alice Erin

Secured homeowner loans and protection

21st October 2007
Many individuals would rather avoid taking out secure homeowner loans if at all possible. This may not come as a surprise purely and simply because it requires putting their home up as security against the loan repayments, meaning that if the repayments a... Read >
Author: Jason Hulott

The Impact of Turmoil on your Mortgages

05th October 2007
There has been a huge amount of press coverage in the past few weeks about worries over mortgage lending. This has culminated in the news that the Bank of England has now provided short term funding to a second well known lender and made provisions for ... Read >
Author: Francis Ghiloni

FSA forces rules change on personal loans payment protection

29th August 2007
New rules imposed by the Financial Services Authority (FSA) regarding the way that personal loans are sold online are good news for consumers. Prior to the FSA intervention payment protection, cover was automatically included with most personal loans boug... Read >
Author: Adam Singleton

Mortgage Broker Six Things to Beware Of

02nd August 2007
If you are looking for a mortgage, you may have been advised that it�s better to go through a mortgage broker. This seems to make sense. After all the broker works with mortgages all the time. So of course the broker knows more than you. Brokers are... Read >
Author: Robert Palmer

Is Your Holiday Home Mortgage Broker on the Level?

02nd August 2007
Looking for a mortgage on your holiday home can seem complicated. You may have decided to consult a holiday home mortgage broker to help you through the process. However, this involves putting a huge amount of trust in the holiday home mortgage broker. ... Read >
Author: Robert Palmer

Portfolio Turnover - The Hidden Cost of Active Management

30th July 2007
The activities undertaken by an active fund manager normally result in higher annual management charges. This is what you would expect as they must carry out more research and analysis than a passive "manager". However, what few clients fail to appreciate... Read >
Author: Ray Prince

Second Mortgage Consumer Protection

25th July 2007
A second mortgage is a loan secured against the equity in a property that is not a first mortgage. The second mortgage will come from a different lender than the first mortgage. A first mortgage on a residential property is regulated by the Financial S... Read >
Author: michael sterios

Avoiding the common pitfalls of taking Financial Advice

31st May 2007
The short answer is to use an Independent Financial Advisor , investigate them thoughly and make sure you understand any product you buy . However many people are unsure exactly what is a Independent Financial Advisor or IFA so I will explain the type... Read >
Author: richard hill

An Introduction To Second Charge Loans

24th May 2007
Mortgage advisors in the United Kingdom have plenty of reasons to consider secured loans (referred to as second charge loans) and, according to the UK Mortgage Conduct of Business (MCOB) rules they must do so. This statutory regulation has just passed its... Read >
Author: Christopher

Mortgage Brokers Banned from Cold Calling

12th May 2007
Prior to 2004 there was little regulation for mortgage brokers conducting business in the UK. Anybody could call themselves a mortgage broker, regardless of whether or not they held the necessary qualifications, and they could source clients and conduct t... Read >
Author: michael sterios

10 Tips To Finding The Right Mortgage Loan Broker

13th March 2007
More than half of all borrowers use a broker to arrange their mortgage. But how do you go about finding one? Should you be paying any fees for their services and how do they work? #1 There are literally thousands of mortgage brokers in the UK - well o... Read >
Author: Christopher

Mortgage Outfits Challenged On Exit Fees

24th January 2007
You might have heard of an exit fee. It is the charge that the mortgage lender makes a person pay if they want to get out of a money borrowing agreement before the end of the term. Another name for it is a redemption penalty. Well mortgage lenders are ... Read >
Author: michael challiner

Which Mortgage Broker Franchise

23rd December 2006
Many people entering the mortgage industry are asking themselves which mortgage broker franchise they should join and what criteria they should use when making their choice. In my opinion, the reality of all this is that most UK mortgage broker franchi... Read >
Author: Joe Kocsis

Consumers need protection from Payment Protection Insurance

28th November 2006
Consumers and consumer protection organisations are increasingly putting pressure on financial providers to make the payment protection insurance (PPI) market as transparent as possible, in order to help consumers gain a better understanding of their fi... Read >
Author: Andrew Regan

Critical Illness Insurance. How critical can you get?

16th November 2006
There's a new critical illness policy on the market which attempts to go some way with regard to sorting out the perplexity regarding exactly what is, and is not, covered when it comes to claiming on the policy. Traditional critical illness policies t... Read >
Author: michael challiner

Consumers need protection from payment protection insurance

20th October 2006
A year after the Office of Fair Trading (OFT) began investigating the widespread mis-selling of payment protection insurance (PPI), the Financial Services Authority (FSA) has, for the first time, fined a mortgage broker for selling the policies to custome... Read >
Author: Jack Mack

Mortgages - An important date

20th October 2006
A helpful reminder from your mortgage broker may be just what you need to save yourself a whole lot of trouble. The FSA (Financial Services Authority) is very happy with the way rules for renewing two or three year home loans are working out, but mortg... Read >
Author: michael challiner

UK debt increases: but it's nothing to do with a mortgage

27th September 2006
Debt charities have reported they are hearing from an increasing number of people whose spending is out of control. On average, people who turn to the Consumer Credit Counselling Service for advice owe 31,000 which does not include their mortgage. Th... Read >
Author: michael challiner

Critical illness cover a wider scope

22nd August 2006
Critical illness insurance offers cover for certain specified conditions such as cancer, heart problems, kidney failure, loss of limbs, etc., The cover is quite simple and straightforward, in that if you are diagnosed with one of the severe illnesses list... Read >
Author: michael challiner

Loans. Take control over your money start your own credit union

16th August 2006
When you are on a low income, it is very difficult to get credit. And yet, most of us could not manage certain purchases outright, even if we get a decent wage. This is where the Credit Union offers a real alternative. Run by a volunteer board of dire... Read >
Author: michael challiner

Watchdog wary over Critical Illness Insurance.

16th August 2006
You have taken out a critical illness insurance policy so that if you ever are in the unfortunate situation of developing a life threatening condition, you will be compensated. But what if you wind up with a critical illness that is not guarded against... Read >
Author: michael challiner

Credit cards, loans, mortgages, what can be done to reduce the UK personal debt burden

30th June 2006
The Consumer Credit Counselling Service (CCCS) announced recently that levels of 'extreme debt' in the UK are worsening. According to the report 280,000 CCCS customers who were aged between 40 and 59 were shown to be in possession of the highest levels o... Read >
Author: Richard Green

UK Mortgages - Need To Know Information

23rd June 2006
Whatever stage of the mortgage game you're at, unless you happen to be a qualified financial advisor, solicitor and broker all rolled into one, you'll need professional help to find and arrange your loan. This guide presents some basic information on mort... Read >
Author: Joseph Kenny

APR, AER and EAR are terms used in financial advertising. What do they mean?

27th January 2006
Have you ever scanned the acres of financial advertising and wondered what APR, AER and EAR really mean? You'll invariably find one or another of these terms in every advertisement for a lending or savings product. Well you're certainly not alone. The... Read >
Author: michael challiner

Cheap Home Loans are not Available as a Readymade Potion; Need to Work to Make Them Happen

17th December 2005
For most people in the UK, home loans necessarily connote cheap finance. How can they not get cheaper finance when they have offered lien on home to loan provider? Loan providers however devise ways to overcharge borrowers who are not much conversant with... Read >
Author: Daniel Louis

Choosing a Mortgage Lender

11th August 2005
Choosing a Mortgage Lender Just as there are many types of mortgages and mortgage deals to choose from, there are also many sources where you can go to get a mortgage. Your key choices are to use a mortgage broker, a more general financial advise... Read >
Author: Bwalya Mwaba

Forex Market Makers

15th July 2005
The investor in the currency market takes for granted that a pair of currencies can be bought or sold at a moment's notice. Once an order is placed with a broker, the trade is executed within seconds. It is, of course, not as easy as that. Whenever a ... Read >
Author: Dave Lavinsky