Day: July 15, 2025

Govt launches permanent Mortgage Guarantee Scheme

The Treasury has confirmed the launch of its new Mortgage Guarantee Scheme, which will be permanently available from this month. The move aims to “incentivise and sustain availability of 91% to 95% loan-to-value mortgages by providing participating lenders with a government-backed guarantee, insuring them against… The post Govt launches permanent Mortgage Guarantee Scheme appeared first on Mortgage Strategy.

Treasury report pegs back role of ‘quasi-regulator’ FoS

The Financial Ombudsman Service has acted as “a quasi-regulator,” says the Treasury, and has set out a new path for the disputes body, which will see it defer to the Financial Conduct Authority. The consultation report, prepared by Economic Secretary to the Treasury Emma Reynolds… The post Treasury report pegs back role of ‘quasi-regulator’ FoS appeared first on Mortgage Strategy.

Accord responds to LTI limit changes with enhanced FTB options

Accord Mortgages has directly responded to the relaxation of limits on higher-loan-to-income (LTI) lending, with swift enhancements to its product range. Under new guidance from the Financial Policy Committee major lenders will be able to top their current 15% loan-to-income ratio limits to allow for… The post Accord responds to LTI limit changes with enhanced FTB options appeared first on Mortgage Strategy.

FCA and FoS to work on disputes, FoS confirms lower consumer payouts

The Financial Conduct Authority and the Financial Ombudsman Service plan to work together on high-volume complaints between consumers and firms to cut the time it takes to settle disputes. Both bodies, like several City regulators, are under pressure to relax regulations to fall in line… The post FCA and FoS to work on disputes, FoS confirms lower consumer payouts appeared first on Mortgage Strategy.

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