Mortgage improvements have further to go, claims FSA

April 2006
Credit Control;2006, Vol. 27 Issue 4/5, p95
Trade Publication
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.


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