Regulation

IMLA sounds warning over Basel proposals

The Intermediary Mortgage Lenders Association (IMLA) has warned that housing associations and homebuyers with...

Life & pensions sector to contribute more to FSCS

The Financial Services Compensation Scheme (FSCS) will levy £337m in the financial year 2016/17,...

Scrutiny for parliament over FCA CEO appointment

George Osborne has written to Andrew Tyrie MP, the Chairman of the Treasury Committee,...

Secured loans now faster following cooling-off cull

The implementation of the Mortgage Credit Directive (MCD) has led to increased competitiveness for...

Seconds distributor on CeMAP track

Second charge distributor Fluent Money says it is set to have all 85 of its client-facing...

Tracey McDermott to leave the FCA

Tracey McDermott, acting chief executive of the Financial Conduct Authority (FCA) is to leave...

LLA responses to FCA’s ageing population paper

The Later Life Academy (LLA) has submitted its response to the FCA Discussion Paper (DP16-1),...

LIBOR submitter banned by FCA

The Financial Conduct Authority (FCA) has banned Paul White from performing any function in...

FCA approves change of control for Everyday Loans

The Financial Conduct Authority (FCA) has given the green light for Non Standard Finance...

New deputy governor for the BoE

Sam Woods has been appointed deputy governor for the Bank of England with responsibility...

FCA allows affordability waiver for lifetime mortgages

The Financial Conduct Authority (FCA) has decided allow lifetime mortgage lenders to apply for...

Call for re-levelling of disclosure playing field

The Association of Mortgage Intermediaries (AMI) has called for the Financial Conduct Authority (FCA)...

“Time for DAs to decide” over seconds route

Master broker Clever Lending says it is still seeing a number of Directly Authorised...

Business as usual for seconds

Fluent Money has claimed that "strong" collaboration between lenders, distributors and brokers in the...

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COMMENT

What is the Protection Claims Charter – and how does it work?

The moment of truth for any insurance product is at point of claim. Insurers have been publishing claims statistics for almost two decades now, highlighting...

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending. At least, not directly. It’s framed as a review of how...

Broker proactivity can ease path back to prime

One of the lessons we’ve taken from the ever rising levels of interest in our near prime range recently is that brokers are seeing...

Self-employment: A career not a complication

There’s a persistent myth in the market that self-employed borrowers are a high-risk, hard-to-place category. But some lenders see things differently. Whether it’s a dentist...

We need to look again at two-year swaps…

Over the last 12 months, we’ve seen three notable things happen in the swaps market and interest rates in general. Firstly and obviously, rates have...

Latest news

Small business confidence falls to record low as closures loom

Confidence among small business owners has sunk to its lowest level since 2008, with...

Savills, Knight Frank and eXp UK lead estate agency digital brand rankings

Savills, Knight Frank and eXp UK have emerged as the estate agency sector’s most...

New report sparks commercial mortgage opportunity

Empty office buildings in the City of London and Canary Wharf could become late-night...

Cabinet Minister refuses to rule out wealth tax ahead of Autumn Budget

A senior cabinet minister has declined to rule out the introduction of a wealth...