Story by: Emma Ann Hughes & David Pawsey, Mortgage Adviser
Borrowers concerned about the safety of their savings could have more than £50,000 protected if their savings and home loan is with the same organisation, according to industry experts.
Crown Mortgage Management, a multi-national mortgage servicer, has announced an expansion of its business.
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Advisers must show clients their superior knowledge in order to ask for fees or risk going without conventional procuration fees, says Richard Angliss, managing director of Home Buyer Systems
Regular readers of Mortgage Adviser will know how outraged I was when Queen Vic landlady Peggy Mitchell was offered "equity release" by two dodgy geezers when she was in fact being pushed towards sale and rent back.
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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