Good Advice photograph

Good Advice

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Initial release September 6, 2001
Directors Steve Rash
Initial DVD releaseMay 21, 2002
Screenplay Robert Horn
Producers Michael Bolton
Mark Burg
Oren Koules
Arthur Chang
Date of Reg.
Date of Upd.
ID1190798
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About Good Advice


When his mistress's publisher husband deliberately misleads him, philandering banker Ryan Turner (Charlie Sheen) loses his job on a doomed deal. Soon, his writer girlfriend, Cindy Styne (Denise Richards), dumps him and leaves town. But the resourceful Ryan takes over her advice column, deceiving readers into thinking it's still penned by Cindy, while also romancing column editor Page Hensen (Angie Harmon). But things get messy when Cindy reappears and goes to work for the man who lied to Ryan. …

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By Michael RaceBusiness reporter, BBC News

HSBC has temporarily withdrawn mortgage deals for new borrowers in a further sign of turbulent times in the UK lending market.

The measure suggests pressures on lenders to hike mortgage rates.

The Bank said it would remove all its " new business" residential and buy-to-let products on Thursday, with deals available again on Monday.

Rival lender Nationwide said it needed to increase fixed rates to ensure they remain " sustainable".

Mortgage rates have been rising since recent data showed that inflation was not coming down as quickly as expected.

There have been predictions that The Bank of England will raise rates higher than previously thought, from their current 4. 5% to as high as 5. 5%.

It has prompted many lenders to raise mortgage rates and also to remove deals.

HSBC said on Thursday that it was withdrawing new deals " to ensure that we can stay within our operational capacity and meet our Customer Service commitments".

It makes it likely that HSBC will raise rates on Monday.

Products and rates for existing customers were still available.

Nationwide, Britain's biggest building society, said it would raise some of its fixed mortgage rates for new borrowing from Friday, which it said would ensure they " remain sustainable. "

Financial data firm Moneyfacts said it has seen several mortgage providers hiking rates on deals over The Past week.

On Thursday, the average two-year-fixed-rate mortgage rate on The Market was 5. 82%, according to Moneyfacts, up from 5. 49% at the start of June.

Meanwhile, the average five-year deal was 5. 49%, up from 5. 17% since the start of the month.

Some brokers criticised The Change by HSBC, with one saying lenders should give notice of a " minimum of 24 hours".

Broker Katy Eatenton, of Lifetime Wealth, said while HSBC did warn they might withdraw products earlier than planned, many brokers she knew could not get on The Bank 's website all afternoon, and so were unable to submit any new applications.

" This is becoming a more regular occurrence with lenders and is so hard to navigate giving clients Good Advice and time to consider products with such tight deadlines, " she told The Bbc .

Riz Malik, founder and director at R3 Mortgages in Southend-on-Sea, said The Move " really underscored the turbulent times we're currently facing in the mortgage market".

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Source of news: bbc.com

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