Natwest to re-enter interest-only market – exclusive
Natwest is re-launching a range of interest-only residential mortgages after scrapping the product range in 2012.
Sesame Bankhall confirms Lisa Martin as director of mortgages
Following a strategic review, Sesame Bankhall Group (SBG) has confirmed its managing director of mortgages, John Cupis, will exit the business alongside several other personnel changes.
FCA fines and bans insurance broker for stealing client premiums
The Financial Conduct Authority (FCA) has fined insurance broker Ralph Whittington £42,111 and banned him from performing carrying out controlled functions.
John Cupis joins Openwork after Sesame exit – exclusive
John Cupis has been appointed mortgage director at Openwork following the announcement earlier today that he was to leave Sesame Bankhall Group (SBG) where he had held the position of managing director of mortgages.
Rolling out the MCD rules as a lender – Barclays
Barclays’ Jackie Uhi explains the bank’s position on being the first lender to roll out its Mortgage Credit Directive start date.
Here’s some more you may have missed…
Metro Bank IPO talks underway – reports
Metro Bank is said to have started talks with advisers as it readies itself to float on the London Stock Exchange as soon as quarter one next year.
Kensington in talks over GE Money deal – reports
The group which owns Kensington Mortgages is reported to be in advanced talks to buy a portion of GE Money Home Lending for approximately £2.5bn.
HSBC restructures buy-to-let range
HSBC is making its buy-to-let range available to non-customers for the first time, while also reducing the amount of rental cover required.
Brokers reveal pressures of rising business volumes – Marketwatch
This week we’ve asked our panel of broker experts if they agree that Halifax’s estimates that brokers are writing 88 mortgages a year is reflective of their business and to consider the implications of this level of work on the individual adviser and the health of the business.
FCA questions lack of competition in equity release market
A debate is needed on the viability of expanding the equity release market and the products it provides for customers, the Financial Conduct Authority (FCA) says.
