Regulation

London Trading Standards tackles rogue letting agents

As part of London Trading Standards Week, representatives from 15 departments are to visit...

CMA fines five estate agents over cartel

The Competition and Markets Authority (CMA) has taken enforcement action against five estate agents for...

FSE 2017: end of individual approved persons?

Advisers have voiced concern to the regulator that its new ‘Accountability 2’ senior manager...

Aldermore publishes standardised BTL templates

Aldermore has made new documents available to brokers and landlords in advance of the...

Online estate agent’s ads declared misleading

A website and TV ad for HouseSimple, an online estate agent, have been criticised...

Network CEO sees ban upheld

The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to ban Charles Palmer,...

Firms want clearer FCA communications about Brexit

The Financial Conduct Authority (FCA) and the FCA Practitioner Panel have published the findings...

Lloyds to pay £283m in redress over mortgage arrears fees

Lloyds Banking Group has agreed with the Financial Conduct Authority (FCA) to set up...

Compliance officer fined £75k

The Financial Conduct Authority (FCA) has fined David Watters £75,000 for failing to exercise...

FCA publishes interim review of retirement income market

The Financial Conduct Authority (FCA) has published the interim findings of the Retirement Outcomes...

“Hugely disappointing” govt decision over pensions cold-calling

The government has decided not to legislate to ban pensions cold-calling. Peta Buscombe, Conservative member...

PRA reviewing consumer credit lending following growing concerns

The Prudential Regulation Authority (PRA) has undertaken a review of consumer credit lending, examining...

FCA consults over consumer credit staff incentives

The Financial Conduct Authority (FCA) has today published proposals on how consumer credit firms...

New chairs for FCA panels

The Financial Conduct Authority chairman, John Griffith-Jones, has announced the appointments of new chairs...

COMMENT

AI doesn’t remove bias. It gives us the chance to manage it

One of the great promises of artificial intelligence has always been objectivity. Machines, unlike people, do not have bad days. They do not favour...

Commonhold reform: Devil in the detail

The government's language on leasehold reform remains forthright. Ministers speak of, “bringing the feudal leasehold system to an end,” of returning power to homeowners...

Managing cashflow and risk in today’s turbulent market

Over the past decade buy-to-let landlords have become accustomed to operating in a market where it can often feel like change is the only...

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a salaried employee, single source of income and, most likely, a...

Private credit has reached its next stage of maturity

Every lending market experiences moments that prompt uncomfortable questions. A high profile default, allegations of poor governance or a significant loss inevitably lead to...

Latest news

L&G cuts rates for new optional payment lifetime mortgages

L&G has introduced rate reductions of between 0.01% and 1.00% for new customers taking...

Mortgage payments are leading source of financial pressure for borrowers

More than half of UK mortgage holders worry about their repayments at least once...

StrideUp cuts HMO and MUFB finance rates and raises broker fees

StrideUp has reduced rates across its houses in multiple occupation (HMO) and multi-unit freehold...

West One expands mortgage sales team with four appointments

West One has appointed four members to its mortgage division sales team as the...

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