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.
Nobody likes to be told they are wrong. Fewer still want to pay for the privilege. But for advisers that's sometimes the best deal they can ever offer. Laura Miller reports...
At least four banking brands are considering a bid for Kensington Mortgages with private equity firms also interested in the lender.
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UK house prices rose by 0.6% in February, a 9.4% increase on the same month in 2013, according to Nationwide Building Society.
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.
It is "not unreasonable" for investors to anticipate a 2% base rate as early as 2016, but increasing rates is still considered a last resort to tame the housing market, according to Bank of England policymaker David Miles.
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
The investment arm of restricted network Openwork has launched seven new funds which the business hopes will attract £150m worth of inflows in the first year.
Kensington Mortgages will issue new terms and conditions to 7,000 of its borrowers after a ruling by the Financial Conduct Authority (FCA).
After much debate, we can finally reveal the six candidates up for the Personality of the Year gong at next month's Professional Adviser Awards.
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.
Equity release specialist Stonehaven has been bought out by annuity provider MGM Advantage.
The Financial Conduct Authority (FCA) is gearing up to interview London-based advisers about their risk assessment processes as it works its way across the country.
Santander is updating its quality-based fee structure, including extending the assessment to loan terms of five years or more, resulting in lower adviser fees.
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