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Friday Quiz

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Who can tell me?


Why borrowers over 50 will be stopped from moving from next year?


How to find out why you failed a mortgage credit score?


How your mortgage in Spain can trip up your UK application?


Why you do not need to pay a mortgage broker who is not independent?
I am a Mortgage Broker

You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.

Comments

  • MJP43
    MJP43 Posts: 61 Forumite
    No idea. Sorry.
  • lucie_1985
    lucie_1985 Posts: 109 Forumite
    5. They're receiving commission from the lender they're aligned to
  • laurasavon
    laurasavon Posts: 475 Forumite
    1. I'd guess it's due to the MCD rules coming in

    2. Ask your broker / lender

    3. Foreign currency and exchange rates

    4. Because they are tied to someone who is already paying them
    Jan 2010 - Overdraft £9,500 / Credit Cards £5,000 / Loan £9,500 / Mortgage £128,000
    Jun 2010 - Overdraft £0 / Credit Card £0 / Loan £0 / Mortgage £125,250
    Oct 2011 - Overdraft £7,000 :mad: / Mortgage £115,295
    Dec 2014 - Overdrafts 15,000 / Credit Cards 16,000 / Loans 25,000 / Cars 18,000 / Mortgages 232,500
  • amnblog
    amnblog Posts: 12,730 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Prize goes to Laura


    1. it's due to the MCD rules coming in


    2. it's due to the MCD rules coming in


    3. it's due to the MCD rules coming in


    4. it's due to the MCD rules coming in


    Just compiling our blog about it for our website and all these points came up.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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