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Treasury delivers 'high level' change for seconds industry

Mortgage Solutions | 27 Jan 2015 | 17:28

Second charge firms must wait for another few months to find out exactly how they will be affected by the EU Mortgage Credit Directive (MCD) after the Treasury's final rules skirted over the changes to the sector.

Westminster

Mortgage complaints fall 22% year-on-year reports FOS

Mortgage Solutions | 27 Jan 2015 | 13:31

The number of new mortgage complaints received by the Financial Ombudsman Service in quarter three, the period of October to December last year, dropped by 22% year-on-year, its statistical update revealed.

MCD: Mortgage lenders and brokers win fight over flexibility

Mortgage Solutions | 26 Jan 2015 | 16:43

Mortgage lenders and intermediaries have won the battle to have some flexibility in the process of implementing the rules of the EU Mortgage Credit Directive (MCD), the Treasury's final ruling has revealed.

Broker Board

Editorial comment

MMR: right policy, wrong time

Keith Green, from consultants Navigant, assesses the Financial Service Authority's (FSA's) final rules for mortgage sellers...

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Watch the Equity Release Awards highlights

Mortgage Solutions | 22 Dec 2014 | screening image

The Equity Release Awards at Merchant Taylor's Hall in the heart of the City were attended by a raft of industry luminaries.

Poll

This week, Legal & General Mortgage Club published its predictions for the mortgage market in 2015, anticipating “a year of growth”. L&G predicts gross mortgage lending will reach around £225bn by the end of the year, compared to approximately £205.6bn in 2014. Are you confident that the mortgage market will meet or surpass these expectations laid out by L&G?

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Events

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Buy to Let Market Forum 2015

22 Apr 2015

Cardiff, Birmingham, Winchester and Warrington, UK

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The British Mortgage Awards 2015

09 Jul 2015

London, UK