Warning over poor mortgage advice


Firms selling mortgages need to improve the advice they give to home buyers, says FSA...

Firms selling mortgages need to improve the advice they give to home buyers, the UK's finance watchdog has said.

In a survey, the Financial Services Authority (FSA) found only one-third of mortgage advisory firms could prove they gave customers "suitable advice".

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Posted: Tue - January 9, 2007 at 10:05 AM         | |

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