The Death of the UK Mortgage Broker?
The UK Mortgage Industry and CeMAP Qualifications
Regulation of the UK mortgage market has increased in line with
the overall trend of consumer protection. It is generally felt
that hitherto the UK mortgage market has been under-regulated.
The financial scandals of the 1980s resulted in much tighter
control over the entire industry, not least self employed
mortgage advisors. It also resulted in greater clarity and
transparency with regard to contractual agreements, with the
introduction of The Mortgage Code. However, there was still a
long way to go. In 1998, banks paid out