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MMR

Charging

Legal & General Network freezes fees

Legal & General Network (LGN) has confirmed plans to freeze its current charges for existing mortgage, protection and general insurance services until January 2014.

clock 25 October 2012 •

Regulation

The final MMR rules: condensed

MMR: CONDENSED

clock 25 October 2012 •

Equity Release

FSA: mortgage rules will return 'common sense' to market

The Financial Services Authority (FSA) has published final rules on mortgage selling, convinced they will "put common sense at the heart of the market" and prevent borrowers taking out unaffordable deals.

clock 25 October 2012 •

First time buyers

FSA outlaws non-advised mortgage sales

The Financial Services Authority (FSA) has confirmed it is removing the non-advised sales process for mortgages, but has clarified its definition of 'regulated' advice following concerns from lenders.

clock 25 October 2012 •

First time buyers

Seven things you may not know about mortgage broker sales

ADVISED SALES

clock 25 October 2012 •

Mortgages

Post Office branches to use 'mortgage specialists'

The Post Office is introducing specially trained mortgage specialists in five of its UK branches today.

clock 09 August 2012 •

Mortgages

Manchester Expo: MMR will boost intermediary channel

The mortgage industry is still awaiting the Mortgage Market Review (MMR) final rules this summer, but Virgin Money expects its direction to boost lending through intermediaries.

clock 23 May 2012 •

Regulation

AIFA appoints policy director

AIFA has appointed Chris Hannant as policy director, replacing Andrew Strange who left in August.

clock 12 January 2012 •

Mortgages

MMR: Interest-only applications must be assessed on capital basis

An interest-only mortgage application should be assessed as though it is a capital-and-interest deal, unless there is a "believable" strategy for repaying the loan that does not rely on house price inflation, the Financial Services Authority (FSA) has...

clock 19 December 2011 •

Mortgages

MMR: Existing borrowers cushioned from affordability testing

The Financial Services Authority has outlined plans to ease existing borrowers into new affordability proposals enshrined in the latest Mortgage Market Review consultation paper. proposals.

clock 19 December 2011 •
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