This year, lending in the equity release equity is expected to reach £1.2bn following the Equity Release Council's report that the in the first nine months of the year lending had exceeded £1bn.
The Financial Conduct Authority (FCA) must establish a ‘second line of defence’ for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.
The government has asked the Financial Conduct Authority (FCA) to be more transparent in its supervision and enforcement actions, in a review released yesterday.
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Nottingham Building Society will raise its proc. fees to 0.40% for buy-to-let and residential business from 6 January.
National property lettings firm Reeds Rains has been caught out lying to its landlord customers about the existence of new rules to safeguard tenants from Legionella.
Accord will increase its procuration fees on residential mortgages to 0.37% for Directly Authorised (DA) brokers and 0.4% for Appointed Representatives (AR) from 1 January.
This year's Mortgage and Protection Event, hosted by Mortgage Solutions, ran to packed audiences in Birmingham, Manchester and Newcastle.
Regulator the Financial Conduct Authority (FCA) has confirmed debt management firm Harrington Brooks will voluntarily pay over £185,000 in redress to over 4,500 customers for shoddy creditor communications.
An estate agent and financial adviser are among four fraudsters due to be jailed in Wales today after perpetrating a complex web of mortgage and ID fraud.
House hunters purchasing homes within the boundaries of a national park have to pay a premium of £39,000 on an average home worth £188,810 - 21% more than an otherwise identical property.
The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.9bn in November.
The Association of British Insurers (ABI) has updated its guidelines on how critical illness (CI) policies should be described and explained to consumers, in a move it hopes will ultimately lead to fewer declined claims.
The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.
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