000 01396cam a2200241 4500
001 ABS68567
008 041213n2004 000 0 eng u
035 _a(Sirsi) u128279
100 _aWalker, K.
245 _aEstate agencies: impact of mortgage regulation
260 _c2004
490 _aEstate Agent
_vNovember 2004, 22-23(2)
520 _aExamines the impact on estate agents of the new mortgage sales process regulatory regime undertaken by the Financial Services Authority (FSA) from 31 October 2004. Estate agents introducing a client to a local lender or mortgage broker must be authorised by the FSA to carry out this activity and they must comply with the "Mortgage conduct of business sourcebook". Looks at exemptions that estate agents might be able to make use of in respect of real time promotions and what they must do in the case of non-real time promotions such as advertising their ability to make introductions to mortgage brokers or lenders in local newspapers. Concludes with a note on the scope of the new regime.
590 _aABS
590 _aABS
650 _aMORTGAGE CONDUCT OF BUSINESS SOURCEBOOK
650 _aFINANCIAL SERVICES AND MARKETS ACT 2000
650 _aFINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTIONS) ORDER S288
650 _aMORTGAGE SALES
650 _aESTATE AGENTS
690 _aPROFESSIONAL PRACTICE
942 _n0
999 _c118435
_d118435