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Mortgage Solutions weekly news analysis

Mortgage Solutions | 24 Oct 2008 | 01:00 | screening image

Brokers have been left outraged this week, as a number of lenders - including Alliance & Leicester ...

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Brokers have been left outraged this week, as a number of lenders - including Alliance & Leicester and Nationwide - have either pulled their tracker ranges, or increased the interest rates charged.

Elsewhere the FSA has banned a broker for cancelling his clients' insurance contracts without their knowledge, and pocketing their premiums, while the Government has announced new rules to protect homeowners facing the threat of repossession.

Joining Editor in Chief Paula John to discuss the implications for intermediaries is David Sheppard, managing director of broker Perception Finance.

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