There were also sanctions handed to Nationwide and Primis for not complying with regulatory requirements.
However, it was not all negative as we saw a pensioner come into a six-figure sum off the back of good advice from an equity release adviser.
Equity release adviser lands client six-figure cash windfall
FOS orders Primis to pay compensation after broker’s £30k stamp duty advice error
Inheritance skipping generations to support first-time buyers – OneFamily
Borrowers earning over £70k are still having problems securing a mortgage – Harpenden BS
Convicted mortgage fraudster ordered to surrender properties worth £315k
FOS fine highlights brokers at risk from advice ‘drift’ ‒ analysis
Repossessions leap 15 per cent due to FCA ‘guidance’ on historic cases ‒ UK Finance