Amir Khan will be fined £80,000 after the Regulatory Decisions Committee had originally recommended a fine of £100,000 in its warning notice.
Mortgage Strategy in-depth
Taking a chance on buy-to-let download
It was a case of lucky for some when the Chancellor George Osborne cut taxes on bingo halls and sliced a penny off a pint but his real bombshell was the radical pensions overhaul, in the process creating potential jackpot winners in the buy-to-let market
Metro Bank’s smiling and dancing M-character exemplifies the go-getting attitude of the bank as it targets high growth and doubling its book this year
Capital gains download
London property has been made massively expensive because of the growing demand from UK buyers. That and overseas money flooding into the capital means the streets really are paved with gold
The FCA’s inducement rules risk making product providers withdraw a lot of their training support and make it harder for providers and distributors to work together to make a better industry.
Budget sets out potential conflict between Chancellor and Bank of England over support for the housing market.
The FCA’s focus on adviser inducements mean small firms, in particular, need to be able to demonstrate the suitability of advice while networks, providers and large firms need to review their reward schemes
Mortgage industry appears to be taking a less confrontational approach to the mortgage market review.
The trend for borrowers to opt for short-term fixed rate mortgages may see them pay more than they have to and find them remortgaging at exactly the wrong time.
Lenders should take a measured approach to removing brokers from their panel and ensure that small brokers are not being unfairly singled out.
The fall in unemployment has opened up a can of worms.
The recent paper around landlords and the taxation system has some noticeable flaws.
Buy to Let Watch
Santander’s game-changing move to offer buy-to-let mortgages signals its intention to become a major player in the BTL market
Everything is apparently awesome at the moment but the reality is that property price craziness is the order of the day