Wills and asset protection are often overlooked but with over two thirds of people without a will this could be a lucrative growth area.
It was 2007, and the property boom was at its height, and like many mortgage brokers, Toby Clement couldn't process the mortgage applications fast enough. The phone was ringing non-stop, money was rolling in and business couldn't have been better.
Then everything changed. At the start of 2008 the economy faltered, the housing market crashed and the banks started shutting their doors. By the middle of 2008, the mortgage market had effectively ground to a halt and Toby's phone had stopped ringing. As with all other brokers, the sudden and sharp cut in Bank rate was the final straw.
Almost two years on and nothing much has changed. Despite a few green shoots, the mortgage market is still a shadow of its former self and who knows whether the current rise in activity will last? But something has changed. Toby is now making more money than he was back in 2007 when the mortgage market was at its height...
To read more, go to http://www.theassetprotectionstrategy.com/pr/100601MortgageIntroducer.pdf
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