MMR will force brokers to take whole-market view: HBS

Published on

Home Buyer Systems is predicting a huge demand from brokers for whole-of market mortgage sourcing and sales capability, as the FSA’s Mortgage Market Review proposals become more widely known and better understood.

Richard Angliss, managing director of Home Buyer Systems, said: “One of the key changes for mortgage advisers proposed by the MMR (see section 5.55) is a radical simplification of the way that advisers can describe the service they offer to consumers. Instead of the current variety of descriptions including combinations of ‘independent’

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Suffolk Building Society introduces higher income multiples for renters

Suffolk Building Society has increased its maximum income multiple to 5.49 for applicants with...

Iress UK delivers double-digit earnings growth in strong half-year

Iress has reported a robust first half of 2025, with its UK business delivering...

Tembo launches Lifetime ISA bonus to boost first-time buyers’ deposits

Tembo has introduced a new incentive for first-time buyers, offering a 1% bonus on...

The Coventry trims mortgage rates after Bank cut

Coventry for intermediaries is cutting mortgage rates across its residential and buy-to-let ranges, with...

Atom bank backs UK’s only zip maker with £950k loan

Atom bank has provided a commercial mortgage of more than £950,000 to Zipex, the...

Latest publication

Latest opinions

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Other news

Suffolk Building Society introduces higher income multiples for renters

Suffolk Building Society has increased its maximum income multiple to 5.49 for applicants with...

Iress UK delivers double-digit earnings growth in strong half-year

Iress has reported a robust first half of 2025, with its UK business delivering...

Tembo launches Lifetime ISA bonus to boost first-time buyers’ deposits

Tembo has introduced a new incentive for first-time buyers, offering a 1% bonus on...