1 ) With lenders available, verify their policies with debt consolidating and getting a lower interest for your available borrowings, 3) If it is not feeable, see if it would be worthwhile financially for you to re-mortgage to a lower interest somehow mortgaging any re-mortgage / and see if there is perhaps room to raise the expression of the mortgage to further decrease repayments, and use these savings in order to pay over on your unsecured debt and focus on the highest interest first, and through getting a lower interest for your available borrowings, 3) If it is not feeable, see if it would be worthwhile for you to re-mortgage to a lower interest somehow re-mortgage / and see if there is perhaps room to raise the expression of the mortgage to further decrease repayments, and use these savings in order to pay over on your unsecured debt and concentrate on the highest interest first, and through the highest interest rates.
The MCOB 4.7A Consultant Sale - EZV Manual
An entity should take appropriate measures to obtain from a client all information that may be pertinent to the purpose of MCOB 4.7A. MCOB 4.7A.2 RH does not prohibit the Company from encouraging it to conclude another supervised mortgages agreement (in accordance with the MCOB 4.7A requirements) if the Company has taken appropriate measures to make sure that another agreement is appropriate for the Client.
In assessing whether a bridge credit is appropriate to the customer's needs and circumstance as defined in MCOB 4.7A.5R (1), an entity must consider, in supplement to the elements set out in MCOB 4.7A.6 Ren, whether it is appropriate for the client to obtain financing quickly.
Attempts by the Company to incorrectly describe the Customer's objective or to prompt the customer to adjust the amount he would like to lend so that MCOB 4.7A.15 RH is not applicable may be considered a tendency to violate MCOB 2.5A.1 RH (in the Customer's interest). In general, a Company can depend on all information provided by the Client for the use of MCOB 4.7A.5R (1), unless it has reasonable grounds to suspect that such information is being provided.
An entity shall maintain and maintain records: of the client information, to include those related to the client's needs and conditions received for the purpose of MCOB 4.7A; of the client's affirmative decision in MCOB 4.6A.2 R (Rolling up of fees or charges Into loan), if any.
A record in (1) shall be kept for at least three years from the date of the consultation or, in the case of (1) (d), from the date of the decision.