A dangerous conflict of interest, or a promising opportunity for diversification? Tell us now!
A dangerous conflict of interest, or a promising opportunity for diversification? Tell us now!
Property investment advice has always been on brokers' radar; as clients increasingly want far more than a home loan, the temptation to advise them what to buy has increased. Technically, however, brokers are not qualified to provide this advice - and clients can take legal action against them. Furthermore recent reports of brokers exploiting close relationships with developers has tarred the reputation of the sector.
Would you provide property investment advice to your clients? Would it be a betrayal of your clients' trust, or providing them a valuable service? Would more regulation tempt you to get involved?
Property investment advice has always been on brokers' radar; as clients increasingly want far more than a home loan, the temptation to advise them what to buy has increased. Technically, however, brokers are not qualified to provide this advice - and clients can take legal action against them. Furthermore recent reports of brokers exploiting close relationships with developers has tarred the reputation of the sector.
Would you provide property investment advice to your clients? Would it be a betrayal of your clients' trust, or providing them a valuable service? Would more regulation tempt you to get involved?
Take our poll now
And if you currently give advice, we would love to hear why - submissions can be kept anonymous.
The poll closes on Wednesday 10th September
