mortgage

Firms not behaving in spirit of MMR

What made financial headlines over the weekend?

Thre articles from the weekend papers...

Banned in 2010

The Financial Conduct Authority (FCA) is considering its regulation of the equity release market amid concerns a "dirty word" reputation has led to an under-functioning market.

Most customers are receiving suitable mortgage advice but some firms rely too heavily on tightly structured processes, which force their advisers to bend information to give supposedly 'suitable advice', the regulator has found.

Older workers forced into retirement are facing serious debt problems, research suggests.

Economic recovery in Britain will be slowed down by a possible credit shortfall of £180bn next year caused by the weakness of the banking sector and the state budget deficit, the International Monetary Fund (IMF) warned today.

Adviser reaction is mixed following the launch by HSBC of one of its cheapest-ever mortgage deals.

Nick Carlile, co-founder of the Platinum Partners Group of companies and a qualified quantity surveyor, warns the easy money has already been made in property.