Legal Work | When Conveyancing Goes Wrong Uncovered
Conveyancing Pitfalls in the UK Mortgage Market In a recent discussion led by Liz Syms, CEO of Connect for Intermediaries, conveyancing challenges took centre stage. One example revealed a costly mistake: £200k was mistakenly sent to a client instead of the lender. This incident highlights a growing problem where legal processes cause unnecessary delays […]
Financial advisers | What Do Customers Want From an Adviser?
Life is inherently uncertain. Offering expert financial guidance during a pandemic presents unique challenges for advisers. What are your clients’ genuine expectations and desires in this evolving landscape? Clients seek expertise, empathy, and reassurance from financial advisers. They deal with unprecedented economic shifts, job insecurities, and health concerns. Thus, advisers’ holistic and compassionate approach is […]
Offset Mortgages | An Extraordinary Good Practice Guide
Offset Mortgages An offset mortgage empowers clients to connect their savings and mortgage accounts. This link offers control over their home loan. They gain flexibility, making overpayments without losing access to their funds. This strategic method aligns with financial goals. Clients can reduce monthly repayments or shorten the mortgage term. Choices depend on specific […]
Financial and Mortgage Resilience | Need A Protection Plan B
The year 2020 brought a global crisis that challenged financial and mortgage stability across all levels of society. The COVID-19 pandemic disrupted daily lives, economies, and financial systems worldwide, exposing vulnerabilities within the UK mortgage market. As a result, it highlighted the urgent need for financial preparedness among households. Government support during this time was […]
Open Finance | Lockdown Separates Digital Leaders & Laggards
On top of Open Finance, the COVID-19 restrictions have highlighted our growing dependence on digital platforms. From individual entrepreneurs to billion-dollar corporations, digital platforms are now the backbone of society and the economy. Companies worldwide have rushed to integrate technology for remote work. Video conferencing has become the standard, replacing face-to-face meetings. Various project management, […]
Credit Card Debt | Opportunity For Brokers To Help Clients
Liz Syms, the Chief Executive Officer of Connect for Intermediaries, delves into the pivotal role brokers can play in assisting individuals grappling with persistent credit card debt. The landscape underwent a transformative shift in February 2018 when the Financial Conduct Authority (FCA) introduced new regulations for the credit card market. These regulations, operational since March […]
Specialist Brokers | The FCA Mortgages Market Study
Liz Syms, CEO of Connect for Intermediaries, represents specialist brokers and provides a unique perspective on the Financial Conduct Authority’s (FCA) recent Mortgages Market Study. Liz Syms, CEO and Founder of Connect This comprehensive report concludes consultations and confirms the FCA’s findings on first-charge residential mortgages. The market is generally effective but has notable shortcomings. […]
Broker Lender Panel | Can Broker Advice On Whole-of-Market?
The mortgage market landscape has significantly evolved in recent years, presenting a heightened complexity even within the mainstream sector. Liz Syms, CEO and Founder of Connect emphasises the necessity for brokers to stay informed about the evolving dynamics of the mortgage market. A depth of knowledge is now required for a single market sector that […]
