Paul Bennington, our General Manager explains “Under MCCB you could register as a Mortgage Adviser if you were not qualified, but only offered level two or three advice, i.e.; information on a range of products or information on one product. The new FSA Regulation will severely curtail the efforts of unqualified brokers. Here at BISL we have developed a plan to help these brokers, and enable them to continue trading post M-Day. They will be allocated a local Qualified Mortgage Consultant, who will supervise their activities, and guide them through a thorough process to become qualified, within the two year period stipulated by the FSA.”
Here at BISL we think we have a winning formula of good service, varied products and a happy sales force, embracing the opportunities provided by regulation. Copies of our three regulatory proposals are attached, although we only have two Appointed Representative vacancies available.
