TITLE

Mortgage improvements have further to go, claims FSA

PUB. DATE
April 2006
SOURCE
Credit Control;2006, Vol. 27 Issue 4/5, p95
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the need of more firms in Great Britain to improve the quality of their advice on lifetime mortgages. According to the Financial Services Authority, there were variation of standards among intermediaries. Some cases standards were unacceptable especially in firms where lifetime mortgages are not part of their business. However, intermediary firms committed to the lifetime mortgage market had effective systems and controls and effective training and competence arrangements.
ACCESSION #
24038855

 

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