The range of fixed and discount rate mortgages combines introductory deals with the option of switching to a new deal once the initial special period ends, something normally only reserved for new customers.
Platform launches pre-sales KFI
Platform, the ‘one-stop’ intermediary lender of Britannia Building Society, has announced the launch of its online pre-sales Key Facts Illustration (KFI) on 1 November 2004.
The lender’s pre-sale KFI is accessible via the Platform website - www.platformhomeloans.com which has recently been revamped with improved navigation, clearer graphics and downloadable literature aimed specifically at intermediaries.
FSCS extends remit
From 31 October 2004 the protection provided by the Financial Services Compensation Scheme (FSCS) was extended to include mortgage advice and arranging, and long-term care insurance products.
The FSCS is the statutory fund of last resort for customers if a financial services firm is unable pay them compensation.
