New 'Find a Mortgage IFA' online service launched by IFA Promotion
Consumers urged to seek gold standard independent financial advice when taking out a mortgage
Over 5,000 Mortgage IFAs, available
This free service is available by calling 0800 085 3250 or visiting www.impartial.co.uk
IFA Promotion, the organisation promoting the benefits of independent financial advice, today launched a specific Find a Mortgage IFA search facility at www.impartial.co.uk. The main aim of this service is to ensure that people can easily find truly independent financial advice when seeking to make one of their biggest financial decisions, especially as
Over half (52%) of borrowers take out life insurance with their mortgage, and 31% take another form of financial protection.
28% of borrowers started an investment plan alongside their mortgage in the last five years, down from 69% of those who got their mortgage a decade or more ago.
IFAP has been working with its members to collate details of gold standard IFAs who are independent for mortgages and all other financial products. The new online search facility lists details of over 5,000 mortgage IFAs. IFAP has carefully checked and verified their authorisation with the FSA, the regulatory body.
The new site, www.impartial.co.uk allows consumers to select the most appropriate mortgage IFA local to them, including those who specialise in the following areas:
General mortgage advice
Buy to let
First time buyers
Overseas
Re-mortgage
Right to buy
Self employed
100% mortgages
Commercial for individuals
Flexible
Refused credit
Residential
Self build
Equity release
In the same way that
Karen Barrett, Marketing Director of IFA Promotion comments: Arranging a mortgage is one of the biggest single financial commitments any of us make, and therefore one of the biggest triggers to consider other financial products. We have therefore been working behind the scenes to build a confidential service that focuses specifically on Mortgage IFAs, who can offer whole market advice to people, not only on all aspects of the mortgage remit, but also on additional investment and insurance products which may be purchased at the same time.
She continued: We have been liaising with our members to collate this information, and we have built a service that offers the same unique features found on www.unbiased.co.uk. In much the same way that people can select an IFA by location, gender, expertise and qualification, they can now do this on the new website for Mortgage IFAs.
Both www.unbiased.co.uk and www.impartial.co.uk will run in tandem and both search facilities are available on IFAPs freephone hotline, 0800 085 3250.
-ends-
For further information, please contact:
Karen Barrett
Marketing Director Lansons Communications
IFA Promotion 020 7294 3677
020 7833 3131 lizw@lansons.com
For expert comment or case studies from over 100 media-friendly mortgage IFAs, journalists should call IFA Promotions Media
1. Independent Financial Adviser Promotion
IFA Promotion was established in 1989 to promote the value and accessibility of independent financial advice to the public. It represents around 9,000 firms of independent financial advisers across the
IFA Promotion believes Independent financial advice should be:
Affordable. The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.
Convenient. IFAs should be available in the location of the consumers choice, wherever they live in the
Transparent. It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.
2. Independent Financial
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