Story by: David Pawsey, Mortgage Adviser
Future: Innovation is a great way to raise the profile of the market and can only attract more clients
Disclosure: Driving down non-disclosure rates is crucial to encouraging more people to sign up for protection products
History: Despite the fact John Major called for lenders to push PPI in 1995, there is still a £2 trillion protection gap in the UK
Adivsers: Expanding into protection sales is a must if mortgage advisers are to survive the stormy weather ahead
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Confidence in the mortgage market has been shaken and the number of home loans being arranged continues to plummet.
With rising interest rates and the credit crunch, we all expected a slowdown in the housing market.
There has been a lot of media coverage on the recent credit crunch, high interest rates and slowing housing market.
Profile: Iain Mallon, director of protection marketing for Axa
Stuart Tragheim, distribution strategy and business development director of LV= and Chris McFarlane, head of protection and pricing of LV=
Profile: Chris Traynor, sales and marketing director of Paymentshield
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.
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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