The Financial Conduct Authority says that around 150,000 ‘mortgage prisoners’ would benefit from switching to a more competitive product.
With the ever-increasing amount of regulation around risk management, Furness Building Society recognised the need for a new system to replace its existing spreadsheet model.
Graham Walters, partner at UK law firm TLT, looks at what lenders can do to improve their contact strategies for existing borrowers with interest-only mortgages
Managing and letting agents who break the rules could face criminal sanctions under plans announced by the Government over Easter. Ministers announced that a new independent regulator will oversee private rented sector letting agents and managing agents of leasehold properties. There will be a new mandatory code of practice for managing and letting agents who will be required to obtain ...
OneSavings Bank, through its Kent Reliance and InterBay commercial brands, is making changes to lending conditions for residential buy-to-let and commercial mortgages.
Acquisition of mortgage books and lenders, particularly within the specialist mortgage market, requires due diligence before entering into any financial arrangement. George Patellis, director for due diligence - Europe & UK at MIAC Acadametrics, explains
Dave Patel, managing director of DPR Consulting, reminds firms that a major change is on its way with new rules regarding General Data Protection Regulation
Updated government rules are set to draw thousands more buy-to-let landlords into the HMO licensing net and failure to comply could see them subjected to unlimited fines.
The Financial Conduct Authority (FCA) has published a discussion paper on transforming culture in financial services.
How can technology make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide?