Financial services group LEBC is to create a dedicated mortgage advice team in light of the implementation of new rules following the Mortgage Market Review (MMR).
The Financial Conduct Authority (FCA) will be on the look out for "gaming activity" of any kind following the implementation of the Mortgage Market Review (MMR), with the falsification of income levels of particular interest, it warned.
New mortgage lending rules come into force at the end of the month. Here, Professional Adviser affiliate title, Your Money, assesses how they will affect existing and future homeowners...
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Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.
Rebecca Jones investigates how advisers can satisfy the regulator while keeping things as simple as possible when explaining fees and charges to clients...
A mortgage broker has been jailed for six years after fraudulently obtaining almost £3.5m from clients in the North East.
The Financial Conduct Authority (FCA) has fined and banned a mortgage broker for failing to prevent false client information being submitted to lenders.
Is the financial services sector as disjointed as some suggest? Not according to PFS chief executive Keith Richards, who here explains why he believes a new initiative can result in greater trust among the public...
The Financial Policy Committee's power to influence the interest rate stress test in an applicant's affordability assessment will be added to the mortgage rules following a consultation.
The Financial Conduct Authority (FCA) is challenging lenders to improve their arrears and foreclosure management following a thematic review which found several counts of bad practice at firms.
Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.
Yorkshire Building Society Group is to refund all administration fees for mortgage arrears since January 2009 - totalling some £8.4m - after the Financial Conduct Authority (FCA) raised concerns about incorrect charges.
As the April deadline for implementation of the Mortgage Market Review (MMR) looms large, Rebecca Prestage, head of policy at The Consulting Consortium, takes a look at some last minute assessments to consider
Peter Craddock, a director at the Association of Professional Financial Advisers (APFA), is among three new names on a Financial Conduct Authority (FCA) committee responsible for approving applications and issuing warning notices.
The Financial Conduct Authority (FCA) has revised its application fees for firms seeking full consumer credit authorisation, after it realised that small firms were facing "significant barriers to entry" due to cost.
The mortgage market is experiencing "strong upwards momentum" and gross lending may top £200bn for the first time in seven years in 2015, but there is little evidence of a housing boom developing, according to the Council of Mortgage Lenders (CML).
As the regulator makes clear its expectations of adviser firms at this stage, Compliance First’s Janice Laing provides a handy guide to the upcoming Mortgage Market Review.
In his new regular column, the CII’s David Thomson provides an update on the key regulatory events of the past few weeks and takes a look at what can be expected next.
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