Review this week's top stories including Standard Chartered attracting the second-largest penalty ever from the regulator with one of its United Arab Emirates clients attempting to deposit £500,000 stuffed into a suitcase.
Nationwide’s launch into the equity release market, with white-labelled products through Pure Retirement also attracted plenty of attention, alongside Moneysupermarket’s launch of an end-to-end mortgage service with broker partners London & Country and Fluent Mortgages.
Enjoy this week’s biggest stories and the Mortgage Solutions team wishes you a great weekend.
Standard Chartered fined £102m after customer opened account with £500k in suitcase
Nationwide launches later life lending products
Moneysupermarket launches remortgage platform with broker partners
FCA’s market study is ‘bizarre, confusing and worrying’ – Wilson
Why Beyoncé and other HNWs put a mortgage on it – Izard
Mortgage Advice Bureau and Penrith Building Society partner on broker firm launch
Nationwide regionalises mortgage broker support teams
Brokers unimpressed by Labour house price ‘target’ plans
FCA slams insurers for selling unsuitable products at ‘significantly higher prices’
Legal and General exploring launch into later life advice
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.
