Regulation

FCA fines Towergate and former director

The Financial Conduct Authority (FCA) has fined Towergate Underwriting Group £2,632,000 for failings in...

Enterprise: MCD behind second charge slowdown

Enterprise Finance has launched its new Second Charge Report, replacing its Secured Loan Index. This...

Financial Services Consumer Panel chair reappointed

The Financial Conduct Authority (FCA) has reappointed Sue Lewis as chair of the Financial...

Phoebus Software agrees deal with Atom Bank

Phoebus Software (PSL) and Atom Bank have signed a five year contract to work...

FCA removes additional consumer BTL fees

The Financial Conduct Authority (FCA) has decided to remove consumer buy-to-let (CBTL) periodic fee and CBTL...

FSE: buy-to-let market “not out of control”

The growing pressure being brought to bear on the buy-to-let market could backfire if...

FSE: AMI warns of challenges ahead

Robert Sinclair, CEO of the Association of Mortgage Intermediaries (AMI), has said that mortgage...

AMI slams FCA over fees implementation

The Association of Mortgage Intermediaries (AMI) has criticised the Financial Conduct Authority (FCA) over...

Brexit: FCA issues regulatory statement

The Financial Conduct Authority (FCA) has issued a statement on EU referendum result. The regulator...

CA sets up home buying process working group

The Conveyancing Association (CA) has has established a working group to deliver its response...

Majority of brokers expect more seconds to be written

51% of brokers affected by the Mortgage Credit Directive (MCD) expect more second charge...

FCA bans pair for “lack of integrity”

The Financial Conduct Authority (FCA) has banned Mark Kelly and Patrick Gray from working...

Tenet slams FCA’s stance over FSCS

Tenet has criticised the FCA’s refusal to consider introducing a product-based premium as a means of...

Solution proposed to ‘holistic’ debate

The Society of Mortgage Professionals says it is confident that the Financial Conduct Authority's...

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COMMENT

Why rigid credit scoring is locking too many people out of homeownership

Some people don’t fit the mould. That’s always been true in mortgage lending. But the tools used by most lenders to assess borrowers, particularly...

What a bigger market means for brokers

The latest Interpath and BDLA UK Bridging Market Survey confirms what many brokers are already experiencing on the ground, that bridging has hit the...

How social media can bridge the protection disconnect

The latest AMI Protection Viewpoint provided a compelling snapshot of the challenges and opportunities facing the protection market. The research highlights a worrying pattern that...

Opening doors for credit-worthy but overlooked clients

It doesn’t take much these days for a borrower to feel they’ve fallen out of favour with the system. A missed payment here, a...

Ministerial cock-ups could kill radical property taxes

At first it might appear that the mortgage industry and the housing sector as a whole should be cross with the Labour government. After all,...

Latest news

SortRefer posts record-breaking month for completions and revenue

SortRefer recorded its strongest-ever month for completions and revenue in October. The Derby-based conveyancing and...

Catalyst reinforces underwriting operations with key promotions

Catalyst Property Finance has strengthened its underwriting function through a strategic restructure and a...

HTB backs £4m refinance for London landlord

Hampshire Trust Bank has completed a £4m semi-commercial refinance for an experienced landlord in...

MPC narrowly votes to hold rates at 4% as calls for a cut grow louder

The Bank of England’s Monetary Policy Committee (MPC) has come within a whisker of...

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