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Take extra care when using brokers at moment

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  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    FSA disclaimer.

    You have to say that you can advise on those deals that are available to you as a broker and there MAY be better deals available direct.

    Real world explanation

    Those brokers who are here for the client and for providing genuine advice are likely to go out of business or struggle because the people who can actually promote choice and consumer protection for the largest financial transaction are unable to properly do that.

    You find a broker who does not tell you that there is direct deals which may be better at the moment has either had their head stuck in the sand for the last 6 months or has their pocket and own needs in front of their clients. Which when you are struggling, it is easy to start thinking that way.

    Guess who suffers then Mr/s FSA....? Yes, you got it.. Mr/s Client suffers but at least they got a good choice and your WOM standards prove that you are there for the consumer.:rolleyes:
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, 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.
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    What I will say is I'm totally surprised that Martin has not revised his article , regardless of who sponsers the printing
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    Clearly, he is a man in demand and is very busy. We can all moan amongst ourselves though lol
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, 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.
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    bumping this , as the point comes up in recent threads
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
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