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Watchdog raps mortgage brokers

The Financial Services Authority found that despite mounting repossessions and bankruptcies, brokers were unable to demonstrate that they had appropriately assessed affordability in 47% of 249 cases reviewed.

In a third of cases there was either no reason given or it was unclear why a self-certification mortgage was recommended.

BBC

Fewer 'mortgage lies', FSA finds

There is no evidence that mortgage brokers are systematically still letting self-employed borrowers inflate their earnings, a report has found.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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