Regulation

FCA hits LBGI with £90m fine

The Financial Conduct Authority (FCA) has fined LBGI (Lloyds Bank General Insurance Limited, St...

FCA appoints interim general counsel

The Financial Conduct Authority (FCA) has appointed David Anthony Scott as its interim general...

SmartSearch: don’t rush AML to beat SDLT deadline

SmartSearch has warned against the dangers of rushing through anti-money laundering checks, in an...

More2life urges advisers to respond to FCA’s call for a new Consumer Duty 

Equity release lender, more2life, is calling on advisers to respond to the Financial Conduct...

Sesame integrates with the Key and GBG’s EIDV checks

Sesame Network has exclusively integrated with the Key, Mortgage Brain’s CRM system and GBG,...

Insecure hosting could lead to GDPR breaches

Anti-money laundering firm SmartSearch has warned many businesses may be at risk of being...

Bob Scott becomes MD of the Right DA Club

Bob Scott has been appointed as the The Right Mortgage's Directly Authorised club’s new...

AMI: new FCA additional fee “a disgrace”

The Association of Mortgage Intermediaries (AMI) has issued a strongly worded response to the...

AMI welcomes struck out interest-only cases 

The Association of Mortgage Intermediaries (AMI) has been encouraged by the recent failure of...

Credit check service rapped by ad watchdog

A website's credit check claim has been deemed to be misleading by the Advertising...

Property agents urged to ‘ditch documents’

Anti-money laundering firm SmartSearch has sounded a warning that property agents are in serious...

One month until BoE launches climate stress testing

Ground risk specialist, Terrafirma, has reminded lenders that there is just one month to...

Regulator plans to stop CMC phoenixing

The Financial Conduct Authority (FCA) has introduced proposals to stop the practice of ‘claims management phoenixing’, by banning Claims Management...

AMI welcomes FSCS costs deferment

The Financial Services Compensation Scheme (FSCS) levy forecast for 2021/22 has been reduced by...

COMMENT

Harpenden’s expat move could be bigger than the numbers suggest

Harpenden Building Society’s move into expat mortgages this summer has been good news for brokers and borrowers. But I think its importance goes beyond...

We need to wait to get a clearer picture

It's been a week where the political and economic backdrop has moved almost as fast as rates themselves, and it's worth taking stock of...

Leasehold valuation reform: the consultation is asking only half the question

The Government's consultation on leasehold enfranchisement valuation rates is important because it will help determine what leaseholders pay to extend leases or buy freeholds,...

What commonhold will mean for mortgage lenders and brokers

Commonhold is often presented as the straightforward alternative to leasehold. It removes the freeholder, gives flat owners greater control and avoids some familiar problems...

Why you need to know what sits behind the average review score

There’s a funny thing about review scores. The better they are, the less likely we are to question them. If a company is sitting at...

Latest news

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...

Keystone trims buy-to-let fixed rates by up to 15bps

Keystone Property Finance has reduced pricing across a number of its buy-to-let mortgage ranges,...

PROFILES