Regulation

£4m fine for the Yorkshire

The Financial Conduct Authority has fined Yorkshire Building Society (YBS) £4,135,600 for failings when...

Fleet Mortgages: we’re grasping a real market opportunity

Given that we are on the verge of launching a new lender, one that...

SimplyBiz launches new T&C Scheme

SimplyBiz has unveiled a new Training and Competence Scheme designed to help its...

FCA unveils investment fraud campaign

The Financial Conduct Authority (FCA) has launched a national campaign to warn people about...

Poor communication biggest gripe with estate agents

60% of people that have bought or sold a property in the last five...

Call for transparency with payday loan lead generators

The Competition and Markets Authority (CMA) has published its provisional decision on the payday...

Brokers: lenders not using enough tech to combat fraud

50% of mortgage brokers think that greater use of technology by lenders when carrying...

Capital Bridging Finance to offer regulated loans

Capital Bridging Finance has obtained authorisation from the Financial Conduct Authority (FCA) to accept...

Wonga not the only one, warns charity

Citizens Advice has warned that not checking if people can afford loans is a...

BoE: Help to Buy working as intended

The Bank of England's Financial Policy Committee has recommended that no changes are needed...

Jury still out over MMR risk assessments

72% of mortgage brokers believe lenders are now too risk averse as a result...

Wonga to write off debts of 330,000 customers

Following discussions with the Financial Conduct Authority (FCA), controversial payday lender Wonga is making...

PRA amends LTI limits

The Prudential Regulatory Authority (PRA) has today announced changes in which the new limit...

The Claims Guys in trouble over ads

The Advertising Standards Authority (ASA) has upheld two complaints against The Claims Guys, based...

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COMMENT

Heavy refurbishment: structuring finance for complex property upgrades

Investors are rethinking their approach to property - heavy refurbishment is no longer just an option; it’s a necessity for unlocking value in today’s...

Why predicting 2025 interest rates feels like a fool’s errand

In my first (and for some reason clearly not my last) article last month, I attempted (perhaps foolishly) to discuss where rates might go...

Helping university students onto the property ladder

As we head towards the Easter break, thousands of first-year university students up and down the country will be preparing for exams and making...

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Latest news

Gen H launches affordability-focused mortgage scheme

Residential mortgage lender Gen H has announced the launch of New Build Boost, which...

Seven out of 10 homebuyers likely to miss stamp duty deadline

Seven out of 10 (71%) homebuyers with accepted offers expect to miss the 31st...

First-time buyer mortgage sales declined in London over the past decade

First-time buyer mortgage sales in London declined significantly between 2013 and 2023, as increasing...

UTB appoints BDM for the north and Scotland

Fran Arnold has joined the sales team at United Trust Bank Mortgages as business...