FTAdviser.com

Accounts reveal mortgage adviser deception

Story by: David Pawsey, Mortgage Adviser

Police discovered a Deal-based mortgage adviser was a serial fraudster when they accessed his bank accounts after two clients filed complaints.

• Time published: 00:01
• Date published: 18.06.2008
• Published in: Mortgages

C&G latest lender to raise fixed rates

Cheltenham & Gloucester (C&G) has announced it is withdrawing its mainstream fixed rate mortgage range for repricing at the close of business tomorrow (14 June).

• Date published: 18.06.2008

PPI is not MPPI, trade bodies tell commission

The Competition Commission has come under fire from industry trade bodies for failing to make the distinction between standard payment protection insurance and mortgage PPI.

• Date published: 18.06.2008

AXA gets on the (large) case

Axa has expanded its large case protection underwriting team in response to increasing demand from advisers.

• Date published: 18.06.2008

Home Buyer system to keep eye on senior's TCF

Home Buyer Systems has launched a monitoring system for senior management to control treating customers fairly within their businesses.

• Date published: 18.06.2008

Principality pilots Key link up

Moneypilot, the online subsidiary of Principality Building Society, has signed up to Mortgage Brain's customer relationship management mortgage sales and compliance process system.

• Date published: 18.06.2008

APC Alliance forms to give advisers commercial arm

A commercial insurance network called APC Alliance has been launched for advisers to help them generate additional income by placing insurance for commercial clients.

• Date published: 18.06.2008

Advisers breaking on through, says ifs

Increasing numbers of advisers are breaking into the commercial mortgage arena, according to the ifs School of Finance.

• Date published: 18.06.2008

Pensioner mortgage debt on the up

Mortgage debt in retirement is becoming an increasingly common problem, according to Key Retirement Solutions.

• Date published: 18.06.2008

C&G weathers the storm

Cheltenham & Gloucester, Three-year tracker, www.cheltglos-intermediaries.co.uk

• Date published: 18.06.2008

BBA looks to strengthen Libor

The British Bankers' Association has announced steps to strengthen Libor in a formal paper at its annual conference last week.

• Date published: 18.06.2008

Cinven buys stake in Partnership

Partnership's proposed acquisition by European private equity firm Cinven could speed up its return to the lifetime mortgage market, according to the provider's managing director.

• Date published: 18.06.2008

LGAs should look to US owner aid model

Local councils should offer financial support to homeowners threatened by the credit crunch, according to The New Local Government Network.

• Date published: 18.06.2008

CML cuts risk with new conveyancing measure

New standards on conveyancing and valuation will provide more transparency and less risk for borrowers and lenders, according to the Council of Mortgage Lenders.

• Date published: 18.06.2008

BSA to beef up mortgage presence

Building societies are to get increased representation in the housing and mortgage markets as the Building Societies Association expands its working remit.

• Date published: 18.06.2008

Less rogues, less rules: Ami tells FSA

Members at annual dinner hear Chris Cummings call for a red tape cut back

• Date published: 18.06.2008

Make Hips voluntary: review

Home Information Packs should be voluntary as they provide limited benefit to homebuyers, an independent review of the housing market has recommended.

• Date published: 18.06.2008

Poor service is fault of crunch, say advisers

Service levels among lenders have slipped this year but companies cannot be held accountable during the credit crunch, top mortgage advisers have said.

• Date published: 18.06.2008

Barclays confirms it is considering cash call

Barclays has confirmed it is "actively considering" placing a pre-emptive offer to existing shareholders to raise cash.

• Date published: 16.06.2008

Optimism in buy-to-let market drops

Landlords are experiencing the lowest level of optimism since October 2006, according to market research company BDRC.

• Date published: 16.06.2008

Call for greater support for struggling homeowners

Local councils should offer financial support to homeowners threatened by the credit crunch, according to the New Local Government Network (NLGN).

• Date published: 14.06.2008

Specialist Commercial Finance joins Trigold panel

Specialist Commercial Finance has joined the Trigold commercial mortgages panel, offering advisers access to high street commercial lenders.

• Date published: 12.06.2008

FSA should focus on rogues, not red tape: Cummings

The Financial Services Authority (FSA) needs to refocus its activities, Chris Cummings told members of the Association of Mortgage Intermediaries (Ami) at the trade body's annual dinner.

• Date published: 12.06.2008

Assureweb shakes up board to appoint Simon as CEO

Assureweb has promoted Andrew Simon to chief executive officer in a series of changes to its board.

• Date published: 11.06.2008

EC launches disciplinary action against UK government

The European Commission is to start disciplinary proceedings against the UK government for breaching its economic rules.

• Date published: 11.06.2008

CML reveals conveyancing standards on new builds

New conveyancing and valuation standards on newly built properties are being introduced by the Council of Mortgage Lenders (CML).

• Date published: 11.06.2008

Insurance network developed in bid to increase income

A commercial insurance network has been launched for independent financial advisers (IFAs) and mortgage advisers.

• Date published: 09.06.2008

FSA continues crackdown by banning three more advisers

Three South London mortgage advisers have been banned by the Financial Services Authority (FSA) for submitting false loan applications.

• Date published: 09.06.2008