Market watch
Lenders are frightened, according to Association of Mortgage Intermediaries chief Robert Sinclair.
Last week, Barclays chief executive Antony Jenkins told the bank’s employees that they needed to commit to a new set of standards – or quit.
The Mortgage Market Review rules, out in October, tightened rules on advised and non-advised sales.
Other Market watch articles
With the age of the average mortgage broker on the rise, how can the industry counter the rising age of the industry and bring in new blood?
According to SimplyBiz Mortgages, the number of mortgage advisers could increase by up to 10% during 2013 as the post RDR market settles down.
Personal Touch Financial Services announced last week that it would be hiking its monthly fees for appointed representatives from 1 November.
The government recently launched its housing and planning package, with the Prime Minister pledging an extra £300m to build up to 15,000 affordable homes and a £280m extension of the FirstBuy scheme.
Each Friday, Mortgage Solutions takes a look back at the best reader comments on the website.
Will the FSA’s crackdown on incentives for financial sales staff, starting with the consultation launched last week, reduce the risk of mis-selling?
Castle Trust has announced that it will launch into the market on October 1, following its authorisation from the Financial Services Authority (FSA).
Is Santander’s decision to hike its SVR by 0.5% to 4.74% in October the start of a new round of rate increases?
The Bank of England’s latest inflation report revised down the UK’s growth forecast this year to zero, from a much more optimistic 2% a year ago.
As the low LTV rate war escalates, do you expect lenders to offer record low fixed rate mortgages for the higher LTV market? If so, when?
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