You are here: Home - News -

The top ten stories on Mortgage Solutions this week – 11/12/2015

by:
  • 11/12/2015
  • 0
The top ten stories on Mortgage Solutions this week – 11/12/2015
Every Friday, Mortgage Solutions rounds up the most popular stories on the site over the past five days. This week, Skipton's adoption of the ESIS in preparation for the MCD was top of the most read. What else did you miss?

Skipton first lender to replace KFI with ESIS

Skipton Intermediaries will switch to using the European Standardised Information Sheet (ESIS) on 14 December in advance of the Mortgage Credit Directive’s (MCD) implementation.

Mortgage fees tariff is a victory for common sense – Barclays

Greater clarity in mortgage fees is due to be introduced by way of a standardised tariff for charges. Jackie Uhi of Barclays talks through the benefits for both consumers and intermediaries.

Government to remove barriers to shared ownership

The Prime Minister is set to announce an expansion of the government’s shared ownership scheme to allow an additional 175,000 aspiring homeowners to join the initiative.

Shared data model among lenders could spark ‘revolution’ – Twenty7tec

Sharing a common model for data across lenders’ product criteria and even mortgage applications could allow intermediaries access to efficiencies never seen before in the market, writes James Tucker.

Ombudsman plans to request FCA levy hike for 2016/17

The Financial Ombudsman says it will ask the Financial Conduct Authority (FCA) to increase the compulsory levy for authorised firms from £23.3m to £24.5m in 2016/17.

Here’s some more stories you may have missed…

Quarter of borrowers would struggle if base rate increases

An increase in the Bank of England (BoE) Base Rate rise would affect 70% of homeowners and a quarter could struggle to repay their mortgage, a report shows.

NAB announces details of demerger and IPO to investors

National Australia Bank (NAB), has announced that it expects its demerger and Initial Public Offering (IPO) of the Clydesdale and Yorkshire Banks to complete in early February next year.

Rosy broker sentiment boosted by prospect of 2016 rate rise

Over a third of brokers feel extremely confident about business prospects for 2016, with commentators noting that a likely rise in the Bank Base Rate will boost the remortgage market.

Financial Limited network director battles FCA over £86k fine

The director and acting chief executive of troubled network Financial Limited is battling a decision made by the regulator which will result in a fine of £86,691 for putting customers at risk of receiving unsuitable advice.

Why we should tailor lending to the London housing market – Marketwatch

This week our panel of experts consider how lenders’ policies need to evolve to better suit the needs of  London’s aspiring and existing homeowners better.

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
FCA logo
Financial Limited network director battles FCA over £86k fine

The director and acting chief executive of troubled network Financial Limited is battling a decision made by the regulator which will...

Close