Regulation

Tesco Bank has made a move into the mortgage market by launching a range of non-advised deals.

Abbey for Intermediaries is to reduce rates on a number of its mortgage products.

The Scottish police and HM Revenue & Customs (HMRC) plan to add a layer of anti-fraud checks to mortgage applications in a crackdown on money laundering.

The number of mortgage applications approved by banks fell sharply in June as the UK was hit by the wettest month on record, figures from the British Bankers' Association (BBA) show.

The Money Advice Service (MAS) was forced to remove several links from its website after a backlash from angry brokers over web links directing consumers to three advice firms.

The Financial Services Authority (FSA) has banned a mortgage adviser following his role in a multi-million pound fraud, for which he was sentenced earlier this year.

The Building Societies Association (BSA) has called for increased action against claims management companies (CMCs) after witnessing a huge increase in complaints.

The Financial Services Authority (FSA) has publicly censured Principal Mortgage Services Limited (PMSL), a mortgage broker based in Worcester, for failing to give suitable advice on interest-only mortgages.

The Financial Services Authority (FSA) has expressed concerns about provider preparedness for changes set to be introduced following the Retail Distribution Review (RDR).

The Financial Services Bill has been branded a 'dog's breakfast' by a prominent Labour peer and criticised for being put together too quickly.