Chief Executive update – Lots happening at AMI to help keep you and your business on track
AMI Chief Executive Robert Sinclair shares his thoughts on the current issues facing the mortgage industry, AMI achievements and exciting developments to help you and your business…
GI and Protection fair value
Back in August, mortgage intermediary firms distributing protection and/or GI products should have received two letters from the FCA outlining the regulator’s findings and its expectations of firms in relation to fair vale requirements…
Risks to employers of allowing remote workers to work abroad
Following the increase in remote working arrangements spurred on by the pandemic, some employers have been met with requests from UK-based staff to permit them to move abroad and continue their employment in the UK…
ICO Guidance
ICO has published a blog on Subject Access Requests, along with guidance for firms carrying out direct marketing using live calls…
Government reverses decision to repeal payroll working reforms (IR35)
Originally announced as part of the mini-budget, government made a ‘U-turn’ and Chancellor Jeremy Hunt recently confirmed the planned changes to IR35 will not be going ahead…
Leaseholders may face legal restrictions on working from home
A senior lecturer at Manchester Metropolitan University Law School has warned that many leasehold and some freehold titles contain covenants that forbid the use of residential property ‘for the purposes of trade or business’…
Redress payments halve for mortgage businesses
The FCA’s latest Complaints Data has revealed that mortgage businesses paid out less than half the amount in redress in the first half of 2022 than they did over the same period the year before…
Help to Buy Closure – FAQs
The Help to Buy scheme officially closes to new applicants today (31st October) at 6pm. The government has issued guidance on the future milestones for buyers to be aware of…
Update from the National Custom and Self Build Association (NaSBA)
On Right to Build Day NaSBA published a letter calling out unfair practices by a minority of local authorities placing unreasonable financial tests on anyone wanting to sign their local Right to Build register…
FOS Cases of interest to Mortgage Intermediary Firms
The following recent FOS cases may be of interest to mortgage intermediary firms – read the full details plus AMI’s comment…
