News Tag: AMI
January 8, 2009
Ahead of today's expected cut in the Bank of England's base rate, the Association of Mortgage Intermediaries (AMI) has warned that any reduction in interest rates will not address the real issues in the UK economy.
While mortgage borrowers on base rate trackers and some on lenders' standard variable rates will benefit from a further rate cut, it would not address ...
Base rate cut cannot ease mortgage lending
by Gill Montia
May 6, 2008
The Association of Mortgage Intermediaries (AMI), the trade body for mortgage brokers, has lodged complaints with the Financial Services Authority (FSA) and the Office of Fair Trading about the growing trend for mortgage lenders to offer new loans to customers applying directly only.
Currently, over half of all new home loans are placed through mortgage brokers, who earn a commission from ...
Mortgage brokers challenge direct sales trend
by Gill Montia