Regulation

FOS reports rise in complaints about second charge mortgages

The Financial Ombudsman Service (FOS) has published its annual complaints data for the 2021/22...

Technology is key driver behind increased compliance costs

44% of financial services firms are planning to invest more in 'RegTech' solutions in...

BoE confirms withdrawal of affordability test recommendation

The Bank of England's Financial Policy Committee has confirmed that it will withdraw its...

FCA tells lenders to offer cost of living support

The Financial Conduct Authority (FCA) is writing to over 3,500 lenders to remind them...

FCA fines guarantor lender and imposes redress conditions

TFS Loans Ltd has been fined £811,900 by the Financial Conduct Authority (FCA) in...

Over half of HNWIs have been scammed

53% of High Net Worth Individuals (HNWIs) admit they have been victims of a...

MorganAsh adds registration service to vulnerability resilience tool

Support services provider MorganAsh has integrated the Vulnerability Registration Service (VRS) with its own...

Interim chair starts at FCA

Richard Lloyd has become interim chair of the Financial Conduct Authority (FCA). He takes over...

New chairs appointed for FCA panels

The Financial Conduct Authority (FCA) has appointed Helen Charlton as the chair of the...

Tenet Compliance Services partners with Legal & General Mortgage Club

Tenet Compliance Services (TCS) has teamed with Legal & General Mortgage Club to bolster...

FCA to accelerate removal of firms that don’t use permissions

The Financial Conduct Authority (FCA) is to use new powers to more swiftly cancel...

SmartSearch appoints chief operating officer

Anti-money laundering (AML) firm SmartSearch has appointed Collette Allen as chief operating officer. Allen joined...

FCA refuses authorisation for regulatory consultancy firm

The Financial Conduct Authority (FCA) has refused to authorise Alexander Jon Compliance Consulting Limited...

Five banned and fined for pension losses

The FCA has banned five directors of financial advice firms from working in financial...

COMMENT

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated Home Buying and Selling Reform Roadmap, representing the most aggressive...

If you motivate an idiot you just get stupid things done quicker

There's a lot of excitement about artificial intelligence in the mortgage industry right now. Nearly nine in 10 mortgage brokers want technology to play...

AI for brokers: the three lines you should never cross

Most AI advice aimed at advisers is either breathless hype or vague caution. Here is something you can actually act on: a practical way...

Hobson’s Choice: Which root canal treatment would you prefer, Sir?

Now that Andy Pandy from ‘oop norf’ is de facto the Prime Minister elect and will shortly be choosing the colour scheme of No...

Buy-to-let: reality versus a much-peddled narrative

Every few months, it seems, another report emerges suggesting buy-to-let no longer stacks up as an investment proposition. The headlines are often dramatic, the...

Latest news

Gen H and Just Mortgages tool to help shared ownership borrowers move to full ownership

Just Mortgages and Gen H have introduced a new calculator designed to help shared...

Advice boosts women’s confidence in long-term financial planning

Women are more likely to manage household finances than longer-term wealth decisions, although financial...

More questions now surround the home moving digital journey

The Ministry of Housing, Communities and Local Government (MHCLG) has published its highly anticipated...

Mortgage rates have surged since Brexit vote, says L&C

The cost of borrowing has risen sharply in the decade since the UK voted...

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