Mortgage Introducer March 2010

Contents
A new look for a new generation of professionals 4 Buy-to-let ne4 News reviewws
5 Equity release ne6 Specialist prime newsws
6 Protection ne8 Buy-to-let news
Welcome to the new look Mortgage Introducer. We’ve been
championing the cause of the mortgage professional
8 Protection information10 Equity release news
What would your client get without cover?
for over 10 years. Back in 1999 we were committed to
13 Protection news
bringing you the best educational, analytical and impartial
10 Statistics14 The bigger issue
coverage of your market. That commitment remains to
A look at house price information arVote in our poll and see what the experts ound
this day, both online and in print.
the countrythink , comparing 2009 with 2008
We all know how bad the market has been over the past
12 Diar17 Questions from helly & moves
24 months and we’ve all seen our friends, allies and
14 Questions from hell
All your regulatory queries answered
enemies go bust. If you are reading this then you need to give yourself a big
All your r
19 Letters
egulatory queries answered
pat on the back. You’ve survived the worst of it and things can now only get
better.
16 Bridging
Have your say
There has been a ﬂ urry of good news in the mortgage market over recent
How bridging has been af
20 What lies beneath
fected by the
weeks and much of that has been reported on our website 17 Opportunities
CP:10/2 and how it matters to you
www.mortgageintroducer.com
Fr
26 Quality control
om challenges to opportunities
Our new look magazine has been designed to bring the best of that good
18 Be positiv
Equity release is under the spotlight
e
news to you while at the same time give you the opportunity to delve a little
Start adapting fr
29 Rental rewards
om Day One
deeper into the issues that matter.
Mortgage Introducer is your magazine and we want you to become a part of
21 Feel-good factor
Landlords have never had it so good
it as much as possible. Our Bigger Issue feature on pages 14 and 15 allows
At least the W
32 Maximise y
orld Cup is coming
our income
you to do just that. This month we’re asking whether IFAs provide a better 22 Back to FSA basics
Don’t ignore the protection gap
service to clients than pure mortgage and protection brokers. It’s a hot issue
The impact of r
34 What does
egulation on TCF
‘good’ look like?
and you can have your say by going online to our website
24 Unintended consequences
Identify the best for your business
www.mortgageintroducer.com and voting up and down your favourite
The impact of the past year
36 Working together
responses while taking part yourself. We’ll give you the results next month.
We’re also ram-packed with a whole host of regular features: Bill Warren’s
25 Focus on the future
Collective engagement is crucial
Questions from Hell; your letters to the editor; sector features; and our
Don’
38 Tr
t look back with anger
aining
commercial mortgage section. Our cover feature this month looks at what 26
Sample CeMAP questions for your CPD
Wot remortgage?
lies beneath the latest FSA consultation paper on arrears and approved
When will the market pick up?
40 Commercial Finance Introducer news
persons - it makes for interesting reading.
28 42 The wheat from the chafTurning a corner
It goes without saying that in this market there’s no smoke without ﬁ re. On
What 2010 will mean for short-term fiThe NACFB looks to recovery nance
page 46 we introduce you to the illustrious Hall of Fame and if you ﬂ ick to
the back you can also take part in our Spot the Ball competition.
29 46 Hall of FTime to eat glassame
What are you waiting for? Turn the page and enjoy…
AldermorWho is infamous this month?e gives an economic viewpoint
30 Slow but steady
Robyn Hall, Publisher
This is the CML’s view for next year
Issue 20
The text and cover papers used in this ADVICE TO READERS
March 2010
publication are sourced from sustainable forest
Information carried in Mortgage Introducer is checked for accuracy, but we
recommend that you make enquiries and, if necessary, take legal advice before
products and are fully recyclable.
entering into any transactions. Any views or opinions expressed in this magazine
Advertising Manager
are solely those of the author and do not necessarily represent those of The
Publishing Group Ltd.
Matt Bond, 020 7490 0588
Printed in England by
All rights reserved in respect of all articles, drawings, photographs etc published
in Mortgage Introducer anywhere in the world. Reproduction or imitations of these
Editor Subscriptions The Magazine Printing Company.
are expressly forbidden without permission of the publishers. Editorial contribu-
Nia Williams, 0207 490 0693 Andrew Goldsmith, 0207 490 0622 Distributed by Norwood Mailing
tions requiring an answer should be accompanied by a stamped self-addressed
envelope. No responsibility can be taken for contributions lost or damaged in
Nia@thepublishinggroup.co.uk Andrew@thepublishinggroup.co.uk
the post. Conditions of sale and supply: this periodical is sold subject to the
following conditions, namely that it shall not without the prior written consent of
Publisher Head of Production
the publishers be lent, resold, hired out or otherwise disposed of in a mutilated
Robyn Hall, 0207 490 0588 Melanie Jones, 020 8290 4999
condition or in any unauthorised cover by way of trade or affi xed to any advertis-
Robyn@thepublishinggroup.co.uk melanie@mortgageintroducer.com
ing, literary or pictorial matter whatsoever. All advertising is subject to the terms
of our current rate card.
The Publishing Group Limited, Davina House, Suite 305, 137-149 Goswell Road, London EC1V 7ET
233
MORTGAGE INTRODUCER MARCH 2010
MI p3_0310.indd 3 23/02/2010 10:53
Page 1 | Page 2 | Page 3 | Page 4 | Page 5 | Page 6 | Page 7 | Page 8 | Page 9 | Page 10 | Page 11 | Page 12 | Page 13 | Page 14 | Page 15 | Page 16 | Page 17 | Page 18 | Page 19 | Page 20 | Page 21 | Page 22 | Page 23 | Page 24 | Page 25 | Page 26 | Page 27 | Page 28 | Page 29 | Page 30 | Page 31 | Page 32 | Page 33 | Page 34 | Page 35 | Page 36 | Page 37 | Page 38 | Page 39 | Page 40 | Page 41 | Page 42 | Page 43 | Page 44 | Page 45 | Page 46 | Page 47 | Page 48