The FCA has issued a warning to principals of networks about the risks of failing to properly monitor appointed representatives. In a review of practices it has seen across financial services, the regulator highlights good practices and areas for improvement. It raised concerns about networks… The post FCA issues warning to networks on oversight of ARs appeared first on Mortgage Strategy.
PMS Mortgage Club has reappointed Richard Goppy as director of acquisition and key accounts for PMS. In this role, Goppy will attract new firms and strengthen relationships with existing members. Goppy brings more than 40 years of experience in financial services and returns to PMS… The post Richard Goppy rejoins PMS Mortgage Club appeared first on Mortgage Strategy.
The Financial Conduct Authority’s Terms of Reference for the Later Life Mortgage Market Study shows positive intent in addressing distribution silos impacting customer outcomes in later life lending, according to Key Equity Release. In response to the market study, which closed for consultation on 17… The post FCA shows positive intent in tackling distribution silos preventing access to later life lending: Key appeared first on Mortgage Strategy.
Barclays will be cutting more than 20 purchase and remortgage rates on 22 April by up to 36bps. The lender said these cuts priced some of its products as market leaders, namely two-year fixes at 60% and 75% LTV. Barclays’ current two-year purchase fix at… The post Barclays slashes mortgage rates by up to 36bps appeared first on Mortgage Strategy.
Prime central London rents have increased by 1.1% year on year in Q1, while prime outer London rents are up by 2.3%, the latest index from Savills shows. Prime regional rents are up by 0.2% over the same period, it found. Quarter on quarter, prime… The post Prime rents accelerate ahead of new rules: Savills appeared first on Mortgage Strategy.
