This was followed by research released by Kensington Mortgages showing that predicts a quarter of a million Britons will have reached the repayment date for their interest-only mortgage without being able to find a new deal elsewhere in the next five years.
News that the lender’s upcoming application programming interface (API) link completion with Twenty7Tec’s Mortgage Apply software will go live in “a couple of weeks” was also well read.
The weekly marketwatch questioning brokers what products they want to see within the market in the next coming months drew attention too.
Meanwhile, FCA chief executive Andrew Bailey warned that firms which prioritise staying within the rules rather than doing the right thing by customers will not stand up to scrutiny for long.
‘Lenders need to start considering non-sterling income on applications’ – Marketwatch
FCA chief tells firms to prioritise ‘doing the right thing’ or face scrutiny
Buy to Let Market Forum 2019: Kensington confirms API link going live and host of criteria changes
Nationwide invests £3m with fintech firms on Open Banking apps
Shawbrook MD Jeremy Law to leave as lender merges seconds and commercial finance