2003 is L&G's eighth annual survey and will also prove to be one of the most important given the potential impact of the FSA's CP146 proposals.
Stephen Smith, director, housing marketing, said, “By October 2004, the date when the new rules take effect, all mortgage advisers will have to operate new working practices to encompass greater disclosure and they will have to review their status. It is in everybody’s interest to see a smooth transition from the current successful MCCB regime to the new FSA arrangements. We will be working to ensure that mortgage advisers who are members of the Mortgage Club are kept well informed about their choices so they can make appropriate decisions about their futures.”
The results of the Mortgage Club survey will be announced here online when the information is received.
