Regulation

Record banking fines for FX misconduct

The Financial Conduct Authority (FCA) has imposed fines totalling £1,114,918,000 on five banks for...

Rentify falls foul of ad regulator

A lettings comparison site has been told that its advertising is in breach of...

FCA announces payday loan cap

The Financial Conduct Authority (FCA) has revealed details of a price cap for the...

New services offered by Bankhall

Bankhall has today unveiled a number of additional services for its members. From today...

Swinton trio fined and banned by FCA

The Financial Conduct Authority (FCA) has fined three former senior executives of Swinton Group...

CML outlines lender concern over European directive

The forthcoming European mortgage credit directive looks set to be the most significant EU-wide...

Cash Converters rapped over irresponsible credit ad

The Advertising Standards Authority (ASA) has upheld a complaint against an advertising promotion from...

ARLA wants action to tackle “excessive” tenant fees

The Association of Residential Letting Agents (ARLA) has called for better regulation in the...

Which? wants Osborne to intervene over mortgage fees

Which? is calling on George Osborne to use his Autumn Statement to put a stop...

Property Redress Scheme membership meets ARLA requirements

The the board of the Association of Residential Letting Agents (ARLA) has voted to...

Consultation on further housing market powers for BoE

The government has launched a consultation over which powers the Bank of England should...

MMR dampening interest from lower earners

The Q3 2014 Mortgage Search Tracker from Mortgage Advice Bureau (MAB) has found that...

Sesame fined for ‘pay-to-play’ scheme

The Financial Conduct Authority (FCA) has fined Sesame Ltd, the UK’s largest network of...

£4m fine for the Yorkshire

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

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COMMENT

Rachel Reeves rolls back mortgage rules: return to risk or reasonable reform?

Rachel Reeves is to roll back bureaucratic red tape introduced since the 2008 financial crash to allow people to borrow more for mortgages. Under the...

Gavin Opperman: Why teachers deserve a mortgage model of their own

As Chief Executive of Teachers Building Society, Gavin Opperman brings a distinctive global perspective and a deep personal mission to the helm of one...

Reeves’ reforms are a welcome boost but the housing market must modernise

Rachel Reeves’ announcement marks a clear shift in housing policy, with measures that could help thousands more first-time buyers onto the property ladder. Increasing lending...

What is the Protection Claims Charter – and how does it work?

The moment of truth for any insurance product is at point of claim. Insurers have been publishing claims statistics for almost two decades now, highlighting...

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending. At least, not directly. It’s framed as a review of how...

Latest news

GB Bank expands lending team to meet new business target

GB Bank has made two senior hires to bolster its lending operations as it...

LendInvest upgrades mortgages portal to improve product transfers

LendInvest has introduced a suite of enhancements to its mortgages portal aimed at simplifying...

Alternative Bridging provides tattoo chain with £1.27m overdraft facility

Alternative Bridging Corporation has delivered a £1.267m funding boost to a fast-expanding tattoo parlour...

Paradigm adds Ecology Building Society to lender panel

Paradigm Mortgage Services has become the first mortgage club to add Ecology Building Society...