It was a week of admissions as an independent review commissioned by Persimmon Homes found some of the properties it built did not meet safety standards and the Financial Conduct Authority said execution-only could result in harmful consequences for consumers.
Other top stories included Halifax’s prediction that the effect of the changes made to the Help to Buy scheme would kick in by October and the release of the External Wall Fire Review which is expected to help those stuck in zero value high-rise properties.
‘We’ll see impact of Help to Buy changes by October’ – Halifax
End to high-rise zero valuations in sight as industry-wide process launched
BoE rejects looser stress tests and high LTI mortgage lending limits
‘Pent-up demand’ will boost house prices next year ‒ Knight Frank
Negative equity not a trend but down-valuations are happening – Marketwatch
‘Shocking’ free legal services cost money and must change, say brokers – poll result
FCA admits more execution-only could increase consumer harm
Mortgage prisoners launch legal action against nationalised banks
Price-fixing cartel of Berkshire estate agents fined £600,000
Housebuilding giant built ‘unsafe’ homes report finds
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS