Aug 20 – Regulator on a Mission
As this unique year sees an August spike in interest in housing and mortgages, our friends at the FCA also appear to be returning to
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As this unique year sees an August spike in interest in housing and mortgages, our friends at the FCA also appear to be returning to
The Intermediary Mortgage Lenders Association (IMLA) is conducting a new research project which will assess the consumer appetite for green mortgage products and feed those
AMI is aware from member research that firms are seeing increased premiums and excesses, restrictive terms, and reduced insurer choice at renewal of their professional
When Covid struck the whole of the UK housing market stopped. Builders, estate agents, valuers and removal firms could not operate and they had to
Following the introduction, in December 2019, of the Senior Managers & Certification Regime (SM&CR) to intermediary firms, the FCA register will continue but will contain
Firms are reminded that the FCA rules MCOB 4.4A.1R(1A) and MCOB 4.7A.23AR, included in the policy statement on mortgage advice and selling standards, will apply
The FCA has published findings from its 2019 exploratory work into later life lending. These focus on the equity release sales and advice process, following
When Rishi Sunak bounced the banks into mass payment deferral programmes, he also indicated that this would not impact a consumer’s credit score. By the
The FCA yesterday published its policy statement and ‘made rules’ for regulated fees and levies 2020/21. Whilst the FCA fees remain broadly level for mortgage
The FCA has now published its finalised guidance and framework for firms on assessing adequate financial resources. This applies to all mortgage intermediary and protection
The first week of June saw the interim Chief Executive of the FCA make his boldest move since taking the reins. In announcing that the
On 3 June the FCA published guidance on the value of insurance products (GI and pure protection). The focus is on products which, due to
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AMI is the trading name of The Association of Mortgage Intermediaries Limited which is a company limited by guarantee, registered in England and Wales under the Companies Acts with number 7982341. Our registered address is Celixir House, Stratford Business & Technology Park, Innovation Way, Banbury Road, Stratford-upon-Avon, Warwickshire, CV37 7GZ.
Please note that we are a trade body and, as such, we do not provide mortgage advice to individuals. If you require mortgage advice, please contact an FCA certified mortgage broker who will be able to discuss your needs and advise you fully of your options.
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