You are browsing:
Home
> Property News
>
2008 07 > AMI praises independent advisors
News Categories
Buying Property
Credit Crunch
EPCs
Estate Agents
First Time Buyers
General
Home Information Packs
House Building
House Prices
Interest Rates
Landlords Buy To Let
Mortgages
Property Tax
Renting Property
Selling Property
Stamp Duty
Utilities
Credit Crunch
EPCs
Estate Agents
First Time Buyers
General
Home Information Packs
House Building
House Prices
Interest Rates
Landlords Buy To Let
Mortgages
Property Tax
Renting Property
Selling Property
Stamp Duty
Utilities
News Archives
2008 October
2008 September
2008 August
2008 July
2008 June
2008 May
2008 April
2008 March
2008 February
2008 January
2007 December
2007 November
2007 October
2007 September
2007 August
2007 July
2007 June
2007 May
2007 April
2007 March
2007 February
2007 January
2006 December
2006 November
2006 October
2006 September
2006 August
2006 July
2006 June
2006 May
2006 April
2006 March
2008 September
2008 August
2008 July
2008 June
2008 May
2008 April
2008 March
2008 February
2008 January
2007 December
2007 November
2007 October
2007 September
2007 August
2007 July
2007 June
2007 May
2007 April
2007 March
2007 February
2007 January
2006 December
2006 November
2006 October
2006 September
2006 August
2006 July
2006 June
2006 May
2006 April
2006 March

AMI praises independent advisors
Posted: 24 Jul 2008 13:28:12 GMTResponding to a recent Which? study that found a general failure of mortgage advisors to provide adequate advice, the Association of Mortgage Intermediaries (AMI) has said the report did not differentiate between independent advisers and those who sell products.
AMI advisors highlighted the fact that of the four mortgage advisers that passed the Which? test, three were independent.
Commenting on the findings, Chris Cummings, director general of the AMI, said: "We are grateful that within the report Which? highlighted for consumers the difference between sales and advice. Consumers must be made aware what they are receiving. Independent mortgage advisers provide advice that is wholly focussed on the individual consumer's needs."
Which? did suggest that consumers always speak to an independent mortgage adviser and industry figures have shown that the number of first-time buyers who consult an intermediary has increased.
There were 82.5 per cent of borrowers who used an adviser in the first quarter of 2008, which was an increase of ten per cent on the same period last year.
© Houseladder Ltd
MOST POPULAR
FREE Property Advert
Selling or Letting? List Your Property FREE Now!
FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s
FREE House Prices
How much did next door sell for. Plus are prices going UP or Down in Your Town
MOST POPULAR
FREE Property Advert
Selling or Letting? List Your Property FREE Now!
FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!
FREE House Prices
How much did next door sell for? Plus are prices going UP or Down in Your Town!
Mortgage Help
Free Quote & Advice.
Remortgages, Adverse, CCJ, Equity Release.
Home Insurance
Compare Buildings and Contents Insurance. Get a Quote Now!
Home Information Packs
Now law for all new properties to market. Do You Need A HIP?
Conveyancing
Get a Quote and Save £100s.
Tenancy Agreement
Get Your Tenancy Agreement Here.
Tax Guides
How To Avoid Property Tax and Save £1000s
FREE Property Advert
Selling or Letting? List Your Property FREE Now!
FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!
FREE House Prices
How much did next door sell for? Plus are prices going UP or Down in Your Town!
Mortgage Help
Free Quote & Advice.
Remortgages, Adverse, CCJ, Equity Release.
Home Insurance
Compare Buildings and Contents Insurance. Get a Quote Now!
Home Information Packs
Now law for all new properties to market. Do You Need A HIP?
Conveyancing
Get a Quote and Save £100s.
Tenancy Agreement
Get Your Tenancy Agreement Here.
Tax Guides
How To Avoid Property Tax and Save £1000s
