Article: Mortgage Edge: Harry Katz.(Norwest Consultants )

What is the mortgage club doing for its payment? I now have to establish my share of the procuration fee and how much the club receives and put this in my mortgage report although I am at a loss to describe the role of the club

Last week's issue of Money Marketing highlighted the situation that IFAs dealing with mortgages have to use mortgage clubs.

Like many others, I received my variation of permission as a directly authorised IFA to carry out mortgage and general insurance business. I need no urging to remind both existing and potential clients of the value of dealing with an independent adviser.

Although I felt weighed down with the ...

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