How about setting up Fixed rate comparision only

Mr_helpful

How would one compare the fixed stepped mortgages and perhaps the flexi fixed rates or one term against another. The systems like M2000 Trigold and mortgage brain dont manage to get it right 100% so Im sure a forum like this wouldnt no matter how hard it tried and as stated above when its wrong someone can be in trouble.

HelpWhereIcan

jamesd wrote: »

If you can't rely on it, Martin is in trouble here, since the articles on the main site are regularly inaccurate for exactly that reason: providers changing things between the last update and the time someone is looking at a page.

If there's a requirement to hide out of date information it's being massively breached by publishers making available old stories and articles from their archives with grossly out of date information in them, so the issue seems to have ample precedent on which Martin and all others can rely. Many journalistic web sites don't even consistently give the date on which the piece was written so you can't even always tell that it's out of date information.

Interesting point james and one that actually gets to the crux of the matter for most mortgage advisers.

For example, my site has to come down and be re-approved every three months to ensure that the info is up to date and the representative APR for comparison that I have to use cos I mention adverse mortgages is still accurate.

I am in dispute with my network over what sort of warnings need to be placed on the page of my site where people can download a copy of a newsletter that the netowrk approved in the first place. They say once the newsletter is 3 months old I have to remove it and can't even refer to them as archive copies as they may give misleading (out of date) info.

My network will not allow me to provide a sourcing tool on my site as there is a dispute over who is responsible for the info - me & the network or the research company that provide the info.

I quote no rates, mention no deals and certainly no lenders yet I have to bring my site offline every 3 months whereas Martin (and others) is able to leave info that may not be up to date until he sees fit or is able to update without fear of consequences from the FSA and Financial Promotions regulations.

Many brokers wonder why we have to stick to such rules where other organisations that cannot be held responsible by the consumer (ie no protection AT ALL for the consumer) have no such restrictions.

Shame really

jamesd

HelpWhereICan, the difference is a pretty clear to me: nobody can buy a mortgage from a newspaper story or message board discussion. They can from a mortgage broker.

I'm sorry to read that you can't keep back issues of your newsletter around, since history provides context for consumers.

HelpWhereIcan

jamesd wrote: »

HelpWhereICan, the difference is a pretty clear to me: nobody can buy a mortgage from a newspaper story or message board discussion. They can from a mortgage broker.

Agreed.

At the same time, people can make their choice of mortgage based solely upon the information they see in a best buy table on a site like this - pretty much as they make their decision based upon information provided by an adviser. However, the customer has redress against a mortgage broker for incorrect info and virtually none from a best buy table or message board. I would argue that the source offering the least redress should not be able to offer information more freely.

But life is life and I don't expect it will change