Bankers trade body says LTI cap will unfairly penalise private banks and high net worth clients.
Mortgage Strategy in-depth
Skipton Building Society head of intermediary sales Paul Darwin, who has spent his entire career in the mutual sector, says the industry needs to work on lines of communication between lenders and brokers
The debate continues over when the Bank of England will raise the rate but for now the main feeling is keep calm and carry on
While there are people who would like to clamp down on buy-to-let, a fertile investment scene beckons for experienced and adventurous borrowers
As advisers we are often expected to be adviser, marriage guidance counsellor and often clairvoyant.
The old adage that “rules are for the guidance of wise men and the obedience of fools” has never been more appropriate.
FCA-regulated firms now have lawyers and compliance specialists crawling all over the consumer credit rules
Loan-linked insurance cover is never, as providers may claim, free as someone always bears the liability.
We have entered a world where important decisions are being made for us.
Not all commercial judgements are sensible or even well thought through and the end result can be detrimental to one or more parties
The rules which cover how lenders calculate affordability take a pragmatic approach to assessing borrowers’ spending. It is a shame that some lenders appear not to be following them
It is too early for dramatic interventions aimed primarily at impressing voters.