Answers
I am thinking of buying a flat in London. However, this is the first time I am dealing with this topic and I do not know much about it. I need to find out how much I can borrow. Do you know any good financial advisor or mortgage advisor who can give me this information? How do I go about finding mortgage advisors whose services are free of charge?
Go to http://www.moneymadeclear.fsa.gov.uk/pro ducts/mortgages/mortgages.html
It's the FSA website offering unbiased info about how much you can borrow and where you can compare the products which are suitable for you.
Hope this helps and good luck!
www.mortgageadvisorharrow.co.u k 0208 7237517 www.qype.co.uk Lemon Tree Financial provide a professional Mortgage and Financial Planning service ...
I have FPC1,2 & 3 gained 9 years ago. Are there companies who offer training and network. I would prefer to be independent and work from home if possible. I am 49 years old with both Financial Sales and Sales and Marketing experience
You might want to update your skills by sitting the mortgage advisers exam run by the CII ( cant remember what its called now - it was 5 years ago I did my FPCs - check the CII website)
But as far as I'm aware there's companies in the South East crying out for mortgage advisers, especially with sales experience. I can't see your age being a problem.
Look on recruitment websites like reed.co.uk and the government jobcentre plus website and go for anything that looks hopeful
good luck
Do I need a financial advisor to find the best mortgage? I am in London.
First step is check your credit.
You will need good credit, money for closing costs (around $2,000), and patience.
Take your time picking out a house. Make sure it is in a good neighborhood. Go on line and check the value of the homes in the area. When you decide on a home, check with FHA for a mortgage and then banks. FHA can help you with closing costs and offers some first time buyer help. Don't be afraid to offer less for a home. And don't over spend on a home because you have to have it.
Good luck
I'm not in any serious debt. When I was 20, I recieved £3m, so $6m. I'm 25, and I've got £2.5m left. I've spent half a million pounds in five years. I don't work, so I don't have an income. I also don't have a mortgage. I live in a house in Central London, which was also bequethed to me- it would be a pain to part with it but it is inevitable.
American Express won't touch me- I've been told as I don't have an income I am not eligable for even their basic account. I need a financial advisor full time to monitor me! It's that bad. If I go shopping, for example, I can't not spend under £250 in a food store- or £500 if I'm clothes shopping.
I know I must sound pretty pathetic, but it is truly worrying for me- should I go to a financial advisor? I feel emotionally drained all the time worrying about money. Help!
*Eligible.
Hey just have your money in an interest saving account or CD just by earning a low interest of 1.2% on 2m is $24000.00 a month that is ALOT! of money what happens is you put that money into a savings and just live off the interest you earn on it. Get an education so you may generate even more money and do well for yourself. Other than that try to control yourself from shopping.
Finra Panel Orders Morgan Keegan to Pay Investor $2.5M - Financial ...
By Suzanne Barlyn
A securities arbitration panel has ordered Morgan Keegan & Co., the Memphis-based brokerage, to pay an investor $2.5 million for losses associated with several bond funds that made bad bets on mortgage-related holdings.
Morgan Keegan, a unit of Alabama-based Regions Financial Corp. (RF), was found liable for negligence, failure to supervise and selling unsuitable investments to Andrew Stein, a 38-year-old investor in Jupiter, Fla,. and his two companies, according to an award by a Financial Industry Regulatory Authority, or Finra, arbitration panel dated Feb. 19.
Stein and his companies originally sought more than $12 million in damages.
...News
Western Asset Mortgage Defined Opportunity Fund Inc. Raises $218.5 Million ...MarketWatch (press release) - Feb 25, 2010
A copy of the final prospectus relating to these securities may be obtained by contacting your financial advisor. All data and commentary provided in this and more »MarketWatch (press release) - Feb 25, 2010
With over $537 billion in client assets under management on December 31, 2009, Wellington Management serves as an investment advisor to approximately 1650 and more »Reuters - Feb 24, 2010
Their financial advisor, Cairn Capital, has brought together noteholders representing about 70 percent of the notes' principal amount - 64 percent of the and more »Kent Online - Feb 24, 2010
Kent-based insurance entrepreneur Peter Cullum has snapped up one of the country's most high-profile mortgage advisors. Towergate Financial rescues John Charcol from administrationall 22 news articles »
FT Adviser - Feb 25, 2010
Jane King, mortgage adviser for London-based Ash-Ridge Asset Management, said she agreed that more people were seeking independent advice due to recentWall Street Journal - Feb 12, 2010
NEW YORK (Dow Jones)--The agency mortgage-backed securities market was rattled Thursday by and more »Telegraph.co.uk - Feb 25, 2010
The 'forces of hell': Charlie Whelan and Damian McBrideHis eventual downfall came in January 1999 when he was blamed for leaking information about Peter Mandelson's mortgage arrangements, leaks that led to Lord and more »