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new mortgage insurance business
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new mortgage insurance business

Position: Home >> Business >> Finance >> Text ˇˇ
Hi all,

I am planing to start Ltd. company with mortgage insurance and fin. advice later in the year. I have one year expirence in Mortgage Advice as Employee in Big mortgage broker Firm. I would like to start my own business. However i am concern about market is bvery slow and not sure if i can genrate business that will earn enough to get me level of salary.

Very confused to start business AS AR or Directly authorised AS i am not CAS status need to know if i will get directly authrised status or not.

Any advice Please.
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Im self employed and work with other advisors who also have their own businesses.(ltd) We all receive our authorisation/compliance/training/sourcing/support/ paperwork/admin support etc through the company in exchange for a commission sacrifice. Various contract available dependent upon the support you need, nice company, give me a call on 07790705381 if you would like to discuss.:)

Kind regards

Sarah
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This is not exactly the best time to go out and startup in the mortgage market as the banks arent lending. I would stick with where you are . they might be wanting voluntary redundencies soon anyway so you might get a bit of cash. when the market turns up then you will be in a decent position
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Aside from the market in general, is it not a bit premature to be thinking of setting up on your own with 1 years experience?
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I've recently set up my own business as a mortgage advisor, using a network to obtain competant status, and I 'm doing fine. Send me a pm if you would like to discuss.

Helen
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As some others say... why the hell?? In the current market??
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I'm doing really well so it sounds like you are being a tad negative!!
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I'm doing really well so it sounds like you are being a tad negative!!

No realistic!!

I have several colleagues who have been in the householder mortgage game now for some 15/20 years and year on year the trend worries them a lot!! So if thats being a tad negative for you, I'm sorry you see it that way, I see it as facing up to the simple fact that mortgages have changed!! Lenders are now no longer taking big hits and are restructuring the way they do business, simple as!
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Me too HelenH.....plenty of people still needing help not just in Mortgages but other financial planning....the trick is whilst the market changes...change with it!
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Just some information that may help you in making your decision. We Direct On Call have been running for 6 months, And have seen many Mortgage brokers close down due to the way the market is. But, We have a different technique. We arrange a variety of services that should keep us rolling.
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Hi

I'm a business consultant for a national mortgage broker, if you still require information please do not hesitate to contact me to discuss.

07825633448

Steve
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Hi
We are in the debt elimination business and have a lot of brokers using us to add another string or strings to their bow during some difficult trading times. They are also receiving somne excellent commisssion. Briefly we reclaim money for people for the following:

*Mortgages taken out through a broker prior to 1998
*Secured loans prior to 2005
*Unsecured loans which have a single premium PPI cover of ?,600 or more
*Car loans which have the above PPI cover
*Home Improvement loans prior to 2005
*If anyone has their home repossessed after taking a mortgage out with a broker prior to 1998, the lender will have to revalue the property and the client will be repaid the difference in value betwen then and now
*All the above claims for loans are for loans both PAST and PRESENT. Even if a loan has been paid off years ago, you can still claim.
Thank you, and if we can be of help to anyone, please do not hesitate to get in touch
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    Money paid, no invoice issˇ­
    Sage Instant accounts or Sˇ­
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