Regulation

CML: MMR having “gentle dampener” effect

New data published by the Council of Mortgage Lenders (CML) on the characteristics of...

£8m FCA fine for Stonebridge

The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance £8,373,600 in relation to...

FCA starts social media use consultation

The Financial Conduct Authority (FCA) has today launched a consultation which is intended to...

FCA to go further than FPC recommendations on LTI limits?

The Financial Conduct Authority has published its latest consultation on implementing loan-to-income (LTI) limits on new mortgages from...

Trio of payday loan ads banned

The Advertising Standards Authority (ASA) has banned three payday loan adverts following a complaint...

£105m FCA fine for Lloyds Banking Group

The Financial Conduct Authority (FCA) has fined Lloyds Bank plc and Bank of Scotland...

Petition shows support for ‘fair liability’

Tenet’s e-petition calling for ‘fair liability for financial advice’ attracted just short of 7,000...

FOS appoints chief ombudsman and chief executive

The board of the Financial Ombudsman Service has appointed Caroline Wayman as chief ombudsman...

Mortgage approvals on the rise again

The British Bankers' Association (BBA) has reported that mortgage approval volumes recovered slightly in...

Banking competition not working

The Competition and Markets Authority is to launch an investigation into the big five...

FCA find GI comparison sites fall short

The Financial Conduct Authority (FCA) has found that some price comparison websites operating in...

The Property Ombudsman to revise code

The Property Ombudsman (TPO) scheme will be issuing revised Codes of Practice for sales...

Payday lender to refund £700k+ to customers

Following a review by the Financial Conduct Authority (FCA), payday lender Dollar has voluntarily...

More advisers turning to secured loans since MMR

Y3S Loans has reported a notable increase in interest for its products from mortgage...

Latest POLL

COMMENT

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen to the challenge, developing innovative new product features which ensure...

You can’t just turn on a tap and expect housing supply to flow

Yawn and stretch, the government have appointed a new housing Czar in place of the thoroughly discredited Angie Rayner, former Deputy Prime Minister, who...

Alan Cleary: Taking the helm at Chetwood Bank

When Alan Cleary retired from the mortgage industry in 2021 he thought his days of running banks were behind him. After more than three decades...

The sourcing system effect in specialist lending

In specialist lending, the right fit for a client has never been as simple as picking the top rate from a list. In sectors like...

Latest news

Market Harborough cuts rates on larger residential loans

Market Harborough Building Society has reduced rates on its larger loan products by as...

Shawbrook promotes Apollonio to lead retail mortgage sales

Shawbrook has promoted Louise Apollonio to sales and distribution director for retail mortgages, as...

Clydesdale Bank raises fixed mortgage rates across core and specialist ranges

Clydesdale Bank is set to raise a range of fixed mortgage rates from Monday,...

Growth in online auctions reshaping UK property market

The UK property auction market is being rapidly transformed by digital platforms, with record...