The Bank of England increasing the base rate by a historic 0.5 per cent to 1.75 per cent, as well as the Financial Conduct Authority’s confirmation of new rules for the appointed representative regime were among the most read this week.
The decision from Coventry Building Society to temporarily close to new business and lenders’ reaction to the removal of the stress test on Monday also piqued reader interest.
FCA confirms new rules for AR regime
Former financial adviser sent to jail for second time over mortgage fraud
Bank of England warns of year-end recession as base rate rises to 1.75 per cent
Lenders in no rush to scrap Bank of England’s stress test
Nationwide increases maximum loan size and LTI limit
FCA’s changes to AR regime to cost principal firms £7.6m overall
Wealthy borrowers impacted by stricter rules as lenders more cautious, brokers say
Coventry BS to temporarily close new business range from today
Natwest eyes Quilter takeover bid – reports
House prices fall for first time in a year – Halifax