Mar 19 – Help to Buy (England) and lenders SVRs/ follow-on rates – lender and broker communications from Homes England

BY IN Newsflash On 29th March 2019

This note is to advise firms of a second affordability check now applied by agents of Homes England [...]

8 months ago / Comments Off on Mar 19 – Help to Buy (England) and lenders SVRs/ follow-on rates – lender and broker communications from Homes England

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Mar 19 – Changes to FOS limits and linked Professional Indemnity Insurance cover

BY IN Newsflash On 29th March 2019

Background Following consultation, the FCA has decided to increase the ombudsman service’s award limit to £350,000 for complaints about acts or omissions by firms which take place on or after 1 April 2019. [...]

8 months ago / Comments Off on Mar 19 – Changes to FOS limits and linked Professional Indemnity Insurance cover

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Mar 19 – Reporting on GABRIEL

BY IN Newsflash On 20th March 2019

Firms will have recently submitted their RMAR returns on GABRIEL but may not have been aware of changes to income reporting. [...]

8 months ago / Comments Off on Mar 19 – Reporting on GABRIEL

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Mar 19 – Keeping AMI busy

BY IN Article On 14th March 2019

The Government and the Treasury Select Committee have been increasing pressure on the FCA to do more to help borrowers trapped on SVR or what some might consider to be penal rates of interest often as a result of their [...]

8 months ago / Comments Off on Mar 19 – Keeping AMI busy

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Mar 19 – Changes to FOS

BY IN Article On 14th March 2019

This month the FCA announced it is ploughing ahead with increasing the award limit for the Financial Ombudsman Service (FOS) from 1 April.  Seemingly the majority of those who responded to its proposals strongly disagreed, including AMI, yet the FCA [...]

8 months ago / Comments Off on Mar 19 – Changes to FOS

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