Story by: Gerry Warner, Mortgage Adviser
The sales of income protection continues to subside.
When you wake up in the morning and look in the mirror, what do you see?
Victims of circumstance
Advertising
It has been an historic 12 months for the financial markets.
Turn on the television news, open a national newspaper or just queue up to pay in a cheque at your bank during your lunch hour and you will see what state the mortgage industry is in today.
A new regime to deal with failing banks is intended for the very worst case scenario, according to Hector Sants, chief executive of the FSA.
I have often discussed the tricky juggling act that faced the Monetary Policy Committee – a dilemma that lingered throughout the first half of 2008.
More than half of women who have financial commitments such as a mortgage do not have any form of protection cover.
Out of control
The future of exclusive intermediary mortgage deals looks grim with many mortgage lenders contacted by Mortgage Adviser revealing no immediate plans to bring such offerings back.
Search Mortgage Adviser archive
Future: Innovation is a great way to raise the profile of the market and can only attract more clients
Location: Leeds
Salary: Basic salary is £70,000 plus OTE £120K plus benefits
Location: Nationwide
Salary: £70,000 +++
Location: (CITY AND HOME COUNTIES)
Salary: Employed or Self Employed