Features
Courts, unfairness and the Consumer Credit...
There has been a recent flurry of court decisions with regard to the Consumer Credit Act and its various requirements, particularly in interpreting ‘unfair...
Where does equity release fit into the retirement...
The equity release market needs to provide more options if it is to expand and cater for an aging population, particularly now that new pension rules are...
Firm foundation for new lender
Joanne Atkin talks to Foundation Home Loans’ CEO Hans Geberbauer and business development director Paul Brett about the new buy-to-let venture and future...
Call for nominations in the Mortgage Finance...
It’s the summer so it’s time to launch the Mortgage Finance Gazette Awards. Open to lenders and suppliers there is a range of categories for all so...
Japanese knotweed: Knot a problem?
Mike Clough, chairman of trade body the Invasive Non-Native Specialists Association, says that invasive weeds such as Japanese knotweed may be a nuisance...
Financial institutions are failing vulnerable...
This is the view of the regulator as it works to drive the treatment of vulnerable customers higher up the agenda of firms working in the financial services...
Mortgages & Housing
Crackdown on rogue landlords and illegal...
The government is to introduce measures to tackle rogue landlords and make it harder for illegal migrants to rent property in England.
Firm foundation for new lender
Joanne Atkin talks to Foundation Home Loans’ CEO Hans Geberbauer and business development director Paul Brett about the new buy-to-let venture and future...
It’s time to bite the bullet
Firms must address the challenges of compliance in order to keep up with the ever changing demands of regulation, says David Tryon, director of client...
Government pledges to improve the planning...
The government has published a housebuilding package, ‘Fixing the Foundations: Creating a more prosperous nation’, which aims to improve the planning...
Can branches sit happily with online business?
By Gearoid Power, CEO of Antuar
From a standing start to live; the challenges...
The route to becoming a challenger bank includes several hurdles, but the market conditions are certainly in the favour of new entrants. Andrew Freeley,...
Arrears
‘Serious failings’ at permanent tsb and...
Irish bank permanent tsb and its subsidiary Springboard Mortgages have begun a major redress and compensation programme for 1,372 mortgage customers.
Arrears recovery insight
Using available insight and treating customers fairly in collections – data and analytics can make a world of difference to both lenders and consumers,...
Base rate hike will not increase arrears,...
Mortgage borrowers will be able to withstand a moderate rise in interest rates, says Moody's Investors Service in a new report.
Budget: SMI to become a loan, not a benefit
The Council of Mortgage Lenders said the most significant Budget announcement for the mortgage market is the fundamental change to Support for Mortgage...
Financial institutions are failing vulnerable...
This is the view of the regulator as it works to drive the treatment of vulnerable customers higher up the agenda of firms working in the financial services...
Greek tensions push up mortgage arrears
Greek mortgage arrears have risen during the prolonged negotiations between the country's government and its official creditors, Fitch Ratings says.
Legal
Courts, unfairness and the Consumer Credit...
There has been a recent flurry of court decisions with regard to the Consumer Credit Act and its various requirements, particularly in interpreting ‘unfair...
Customers win protection from legal jargon
Rob Aberdein, partner at Scottish full service law firm Aberdein Considine, analyses new protection handed to consumers by a recent European court ruling...
Contaminated land is more prevalent than...
Former industrial land across England and Wales could be twice as much as official figures suggest, research from Groundsure reveals.
Quarterly instruction activity up by a third...
Broker Conveyancing says that its quarterly instruction levels for both house purchase and remortgage were up by a third in the second quarter of this...
Conveyancing negligence claims could be on...
Property transactions account for more negligence claims against solicitors than any other type of legal work, according to Searchpoint.
SLC calls on licensed conveyancers to boycott...
The Society of Licensed Conveyancers is calling on its members and all other licensed conveyancers to boycott a conveyancing seminar that Metro Bank is...
Technology
OneSavings Bank to use EDM’s Commercial...
Specialist lender OneSavings Bank has signed up to EDM Mortgage Support Services’ (MSS) Commercial Valuation Exchange (VEX).
Capita signs mortgage contract with The Co-operative...
Capita is set to acquire the Co-operative Bank's mortgage administration business, Western Mortgage Services Limited (WMS), for £25 million on a cash...
Accounting for FSCS changes
By Richard Pike, sales and marketing director, Phoebus
CHAPS settlement day to be extended in 2016
The settlement day for the CHAPS and CREST automated payments systems is to be extended by one hour and 40 minutes from summer 2016, the Bank of England...
IRESS launches new mortgage system for intermediaries
Technology provider IRESS, has launched XPLAN Mortgage, a product that allows mortgage intermediaries to research, recommend and apply for mortgages on...
Lender instructions at Landmark Quest surge...
Landmark Quest has processed over 160,000 lender instructions during June, making it a record month since the autumn of 2007.
Other
FCA and HMT set up Financial Advice Market...
The Financial Conduct Authority and HM Treasury have launched the Financial Advice Market Review (FAMR) which will examine how financial advice could work...
Crackdown on rogue landlords and illegal...
The government is to introduce measures to tackle rogue landlords and make it harder for illegal migrants to rent property in England.
FCA's chief executive Martin Wheatley to...
Martin Wheatley is to step down from his role as chief executive of the Financial Conduct Authority on 12 September 2015.
Government meets with mortgage industry
Key figures from the mortgage industry met government ministers yesterday for the bi-annual Home Finance Forum.
House doctor tackles empty homes in the North...
A Country Durham ‘house doctor’ has launched her own training academy for budding property developers to help bring the North East’s 40,000 empty...
FSCS cover limit will drop to £75,000
The Financial Services Compensation Scheme (FSCS), which covers depositors for up to £85,000, is to be reduced to £75,000 after 31 December 2015.
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