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Article: Mortgage Edge: Harry Katz.(Norwest Consultants )
- Article from:
- Money Marketing
- Article date:
- February 24, 2005
CopyrightCOPYRIGHT 2005 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...