Regulation

Twenty7Tec systems now fully MCD compliant

Twenty7Tec Group has stated that it has completed the required developments to enable its...

TenetLime sees large interest in MCD events

TenetLime has revealed that its current schedule of Mortgage Credit Directive (MCD) events in...

Buy-to-let in 2016 ‘all about location’

Foundation Home Loans (FHL) has suggested that the challenge for landlords, following the introduction of...

80% rise in Tenet Masterclass attendance

Tenet has reported a doubling from two rounds in 2014 to four in 2015...

FCA urged to look at changes to affordability rules

The Financial Conduct Authority (FCA) has been urged by the Equity Release Council to...

Accidental landlords at risk from impending changes

55% of new buy-to-let mortgage applicants are unaware of the mortgage tax relief changes,...

BTL legal campaign has ‘reasonable chance of success’

The legal campaign against tax relief changes for buy-to-let landlords has progressed to the next...

£15.5m in fines imposed by FCA over integrity failings

The Financial Conduct Authority (FCA) has fined five individuals and two firms a total...

A better tomorrow

2015 was a positive year for the mortgage market in many respects and was...

Regulators confirm senior HBOS manager probe

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have started investigations...

IRESS gears up for the MCD

IRESS has made changes to its technology solutions in advance of the introduction of...

Brokers concerned about buy-to-let growth potential

Mortgage brokers are positive about the health of the buy-to-let market; however they do...

FCA issues consumer warning on overseas self-cert firms

The Financial Conduct Authority (FCA) has published advice for consumers over self-certified mortgages from...

New FCA boss appointed

Andrew Bailey has been appointed as the new permanent chief executive of the Financial...

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...