Regulation

Precise completes MCD-compliant secured loan

Precise Mortgages has completed its first Mortgage Credit Directive (MCD) compliant second charge loan. The...

Losses continue at RBS

The Royal Bank of Scotland Group (RBS) has reported a loss for 2015 of...

First Complete begins MCD training across UK

First Complete has started to carry out UK-wide training on the impact of the...

Affordability hit borrowers turning to bridging

86% of brokers surveyed saw an increase in bridging loan volume during the fourth...

Ferratum gains FCA authorisation

Short-term and payday loan provider Ferratum UK has been granted authorisation by the Financial Conduct Authority...

2016: Challenges, changes and opportunities for brokers

To quote a heavily used cliché from Alexander Graham Bell: “When one door closes,...

Regulator wants CCA stakeholder views

The Financial Conduct Authority (FCA) has launched a Call for Input on the review...

Freedom Finance offering three MCD broker options

Freedom Finance’s intermediary division has provided details its available options for intermediaries who will...

Precise Mortgages’ MCD upgrade is completed

DPR Consulting has completed a systems upgrade for Precise Mortgages. The update provides compliance with...

PFS proposes solution in FAMR commission debate

The Personal Finance Society has suggested a solution to the debate over commission and the Financial...

SMP welcomes FCA exam review

The Financial Conduct Authority's (FCA) decision to review examination standards across a broad range...

V Loans adopts MCD changes

V Loans has decided to implement Mortgage Credit Directive (MCD) changes ahead of the deadline. The second...

Clever Lending prioritising pipeline in run up to MCD

Master broker Clever Lending has implemented its new processes for Mortgage Credit Directive (MCD)...

PMS and Sesame outlines Mortgage Extra Live schedule

PMS and Sesame are holding a series of seminars at 12 UK venues for clients...

Latest POLL

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

Catalyst Property Finance acquired by Foundation’s sister company

Specialist lender Catalyst Property Finance has been acquired by The FHL Group, the sister...

Housing crisis deepens as supply falls and affordability worsens

The UK housing crisis is worsening, with affordability pressures mounting and housing supply stalling,...

Clydesdale Bank eases criteria for self-employed mortgage applicants

Clydesdale Bank is set to introduce a series of changes to its mortgage criteria...

Newcastle trims large loan mortgage rates

Newcastle for Intermediaries has announced rate reductions of up to 0.30% across its large...