§ Mr. BattleTo ask the Secretary of State for Trade and Industry what plans he has to bring all mortgages under the Financial Services Act and to instruct tied agents and direct salesmen to display their status in advertisements, correspondence and premises.
§ Mr. RedwoodThe investment element of mortgages is already subject to the requirements of the Financial Services Act. The display by tied agents and direct salesmen of their status is a matter for the regulatory body concerned.