Regulation

Co-op Bank censured by FCA

The Financial Conduct Authority (FCA) has issued a public censure against The Co-operative Bank...

The Lending Wizard reveals MCD approach

The Lending Wizard has outlined its European Mortgage Credit Directive (MCD) implementation strategy ahead of...

NAB ups estimates for Clydesdale redress

National Australia Bank (NAB) has readjusted the total amount it believes will be necessary...

FCA to address ASTL conference

Lorna O’Brien, the Financial Conduct Authority's (FCA) technical specialist in its mortgage sector team in...

FCA appoints investment supervision chief

The Financial Conduct Authority (FCA) has announced that Megan Butler will be joining the...

RBS expects further action from regulators

Royal Bank of Scotland (RBS) has admitted that it continues to be party to...

Trader banned following Libor fraud

The Financial Conduct Authority (FCA) has banned Lee Stewart, a former trader at Rabobank...

Payday lender to pay £20 million in redress

The Financial Conduct Authority (FCA) has announced that Ariste Holding, trading as Cash Genie,...

FCA rings the changes on complaints handling

New rules on complaints and call charges have been published by the Financial Conduct...

HSBC’s UK CEO to chair Practitioner Panel

Antonio Simoes, chief executive officer for HSBC in the UK is to become chair of...

PFS sees new record attendances at events

The Personal Finance Society (PFS) has revealed that attendances at their regional and specialist...

Bridging brokers have high expectations for the year

68% of brokers operating in the bridging sector expect to complete more bridging loan...

Direct Line in trouble over landlord insurance radio ad

Direct Line has had a radio ad banned by the Advertising Standards Authority (ASA),...

FCA outlines enforcement investigation procedures

The Financial Conduct Authority (FCA) has updated the criteria and outlined the process it...

Latest POLL

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...

PROFILES