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

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

Clydesdale Bank eases mortgage rules for foreign nationals

Clydesdale Bank has introduced a series of changes to their mortgage lending criteria, aimed...

The Coventry drops residential rates following stress test revision

Coventry for intermediaries has announced rate reductions across selected residential mortgage products, cutting rates...

Lenderhive launches to simplify access to green mortgages

A new digital mortgage brokerage, Lenderhive, has officially launched today, promising to simplify the...

Mortgage industry backing mental health charter with Thames trek

Professionals from across the mortgage and property finance industry will come together in September...