Responses to the Finacial Conduct Authority’s mortgage rule review close today, which promise to bring sweeping changes to the home loans market and the role of brokers. The City regulator’s review is set against Labour plan to build 1.5 million houses by the next election. It wants… The post FCA’s mortgage rule review promises sweeping changes appeared first on Mortgage Strategy.
It’s been an interesting summer. While many people were jetting off on their holidays, the Financial Conduct Authority landed a hefty discussion paper (DP25/2) — Mortgage Rule Review: The future of the mortgage market. At Ami, we’ve spent August dissecting and digesting its contents, working… The post Comment: Advisers know what works appeared first on Mortgage Strategy.
Plans to build up to 12 new towns “urgently need a clear vision” from the government, says a House of Lords committee. Labour says it plans to build a series of new towns and urban extensions across England of at least 10,000 new homes… The post New town plans ‘urgently need clear vision’: Lords appeared first on Mortgage Strategy.
Hinckley & Rugby for Intermediaries has announced rate reductions on two of its buy to let products. The lender’s two-year fixed rate at 75% LTV has been cut from 5.65% to 5.55%. Its five-year fixed rate at 75% LTV, available until 31st December 2030, has… The post Hinckley & Rugby, Together and Principality all tweak rates appeared first on Mortgage Strategy.
This week’s top headlines: Homeowners fear new property tax would present ‘significant burden’ and London housebuilding is in ‘crisis’ according to a report from the Home Builders Federation. Explore these and other major industry updates below: MPC decision: Industry disappointed but not surprised The Bank… The post Mortgage Strategy’s Top 10 Stories: 15 Sep to 19 Sep appeared first on Mortgage Strategy.
