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Equity release to hit £1.2bn

Mortgage Solutions | 19 Dec 2014

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.

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The Houses of Parliament

MPs tell FCA: Act now on retirement or face mis-selling scandal

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.

Mortgage Solutions | 19 Dec 2014
Big Ben photo by UK Parliament

Govt demands transparency around FCA enforcement action

The government has asked the Financial Conduct Authority (FCA) to be more transparent in its supervision and enforcement actions, in a review released yesterday.

Mortgage Solutions | 19 Dec 2014

Other News articles

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Nottingham joins proc. fee end of year race

Nottingham Building Society will raise its proc. fees to 0.40% for buy-to-let and residential business from 6 January.

Mortgage Solutions | 18 Dec 2014
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Reeds Rains tripped up over marketing letter lie to customers

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.

Mortgage Solutions | 18 Dec 2014
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Accord raises proc. fees on residential range

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.

Mortgage Solutions | 18 Dec 2014
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The Mortgage and Protection Event - watch the video highlights

This year's Mortgage and Protection Event, hosted by Mortgage Solutions, ran to packed audiences in Birmingham, Manchester and Newcastle.

Mortgage Solutions | 18 Dec 2014 | screening image
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Debt management firm to pay 4,500 customers redress

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.

Mortgage Solutions | 18 Dec 2014
A desktop monitor with 'Beware Fraud' on the screen

Financial adviser among four jailed for ‘dizzying' £5m mortgage fraud

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.

Mortgage Solutions | 18 Dec 2014
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Homes within national parks command 21% price premium

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.

Mortgage Solutions | 18 Dec 2014
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November mortgage lending dropped to £16.9bn - CML

The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.9bn in November.

Mortgage Solutions | 18 Dec 2014
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ABI eyes fewer declined CI claims after updating guidelines

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.

Mortgage Solutions | 18 Dec 2014
lloyds-building

Government reveals fresh plans to sell down Lloyds stake

The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

Mortgage Solutions | 17 Dec 2014

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